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AMD Completes Acquisition of ZT Systems

GlobeNewswire LogoGlobeNewswire1d ago

AMD Completes Acquisition of ZT Systems - GlobeNewswire

Quick Summary:

These risks include, among other things: risks that the businesses will not be integrated successfully, the ability of AMD to sell ZT Systems’ manufacturing business on a timely basis or at all, or that AMD will not realize expected benefits, cost savings, accretion, synergies and/or growth, or that such benefits may take longer to realize than expected; the risk that disruptions from the transaction will harm business plans and operations; risks relating to unanticipated costs of integration and sale of ZT Systems’ manufacturing business; significant transaction, integration and separation costs, or difficulties and/or unknown or inestimable liabilities in connection with the transaction or sale of ZT Systems’ manufacturing business; restrictions during the pendency of the transaction that may impact the ability to pursue certain business opportunities or strategic transactions; the potential impact of the consummation of the transaction or sale of ZT Systems’ manufacturing business on AMD’s relationships with suppliers, customers, employees and regulators; and demand for AMD’s products.

The forward-looking statements in this press release relate to, among other things, data center AI accelerator opportunity, the integration of the businesses, sale of ZT Systems’ manufacturing business, and the expected benefits, accretion, synergies and growth to result therefrom.

For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, LinkedIn and X pages.  Cautionary Statement The statements in this press release include forward-looking statements concerning Advanced Micro Devices, Inc.(AMD), ZT Systems, the proposed sale of ZT Systems’ manufacturing business and other matters.

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Article Details

Author / Journalist: Advanced Micro Devices, Inc.

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-31 @ 12:30:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 982 words

Reading Time: 6 minutes read

Sentences: 26 lines

Sentence Length: 38 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 27475853

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 65 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 12 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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