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AMD's Shopping Spree Continues. Is the AI Stock a Buy?

In the first quarter, AMD acquired ZT Systems for 4.9billiontohelpproviderackscalesolutionsandhighperformancesystems,scalingupfromitssemiconductorbusiness.Aftermakingthatmove,AMDturnedaroundandsaiditwouldselltheservermanufacturingbusinesstoSanminafor4.9 billion to help provide rack-scale solutions and high- performance systems, scaling up from its semiconductor business. After making that move, AMD turned around and said it would sell the server manufacturing business to Sanmina for 3 billion and continue to focus on design, rather than manufacturing. AMD is retaining ZT Systems' "rack-scale AI solutions design and customer enablement expertise." However, that's not the only deal AMD has made to advan ...