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Advanced Micro Devices (AMD) is reportedly in negotiations to sell its data center plant assets, with a potential valuation of up to $4 billion. The discussions involve interest from companies based in Asia, focusing on the server assembly plants acquired through AMD's purchase of ZT Systems. This move comes as AMD seeks to streamline its operations amid growing competition in the semiconductor and AI markets. The potential sale could impact various players in the industry, including Intel, Nvidia, and Broadcom, as they navigate the evolving landscape of technology and manufacturing.
The end of an era? #TSMC, Broadcom could tear apart Intel's legendary #business after 57 years by separating its foundry and chip design https://t.co/xz6wWlOUUY
Check out this article from MarketWatch - Should Broadcom really buy parts of Intel? It could be ‘extremely lucrative.’ $INTC https://t.co/mxUu7qUBEf
Bell Global Equities Fund on Broadcom $AVGO US Thesis: Broadcom is a leading semiconductor and software company with strong growth potential, driven by its strategic acquisitions and key role in the AI market. (Extract from their Q4 letter) https://t.co/xW1vi06lnB
