Advanced Micro Devices, Inc. ( 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.

Following the news, Goldman Sachs said they view the acquisition as a significant step in strengthening AMD's position in the AI data center market and has set a 12-month price target of $175 for the company.

Read Also: Target Q2 Earnings: Revenue And Profit Beat, Digital Sales Boost, Annual Profit Outlook Hiked

How To Buy AMD Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Advanced Micro Devices’ case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, AMD has a 52-week high of $227.30 and a 52-week low of $93.12.