Should Nvidia Watch Out for AMD Following Its Massive Acquisition of ZT Systems?

By Parkev Tatevosian, CFA – Aug 22, 2024 at 11:36AM

NASDAQ: AMD

Advanced Micro Devices

Market Cap

$188B

Today's Change

(0.46%) $0.53

Current Price

$116.22

Price as of June 6, 2025, 3:58 p.m. ET

AMD made a massive acquisition so it could compete better against Nvidia.

Fool.com contributor Parkev Tatevosian discusses what the news could mean for AMD (AMD 0.46%) stock investors.

*Stock prices used were the afternoon prices of Aug. 19, 2024. The video was published on Aug. 21, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices and Nvidia. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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