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Advanced Micro Devices, Inc. (NASDAQ:AMD) shares are trading higher for the week after the company recently announced it signed a definitive agreement to acquire ZT Systems, with the deal expected to close in the first half of 2025. Read Also: AMD Analysts On ZT Systems Buy: ‘A Step In The Right Direction’ To Narrow Gap With Nvidia This move aligns with AMD’s broader strategy of investing over $7.5 billion in AI technology acquisitions and is expected to be accretive by the end of 2025. AMD says the company plans to divest ZT Systems’ manufacturing business to focus on higher-margin operations…

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