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AMD's $4.9 bln ZT Systems deal faces EU antitrust decision by March 12
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AMD's $4.9 bln ZT Systems deal faces EU antitrust decision by March 12
Feb 5, 2025 5:50 AM

BRUSSELS, Feb 5 (Reuters) - European Union antitrust

regulators will decide by March 12 whether to clear U.S.

chipmaker AMD's $4.9 billion bid for server maker ZT

Systems, a European Commission filing showed on Wednesday.

AMD announced the proposed acquisition in August last year

which will strengthen its portfolio of artificial intelligence

chips and hardware to better compete with Nvidia ( NVDA ).

The EU executive can either approve the deal with or without

remedies after its preliminary review or it can open a

four-month-long investigation if it has serious concerns.

ZT makes AI infrastructure for the world's largest

hyperscale computing companies, with Microsoft ( MSFT ) and Meta

Platforms ( META ) among its customers.

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