ChatGPT-4o price prediction for AMD stock as it agrees $5 billion deal

Group 1 - Advanced Micro Devices (AMD) acquired ZT Systems for nearly $5 billion to enhance its competitiveness in the AI sector and improve its GPU production capabilities [1] - The acquisition is expected to strengthen AMD's market presence and drive its stock price towards the range of $165 to $175 post-integration [2] - AMD's Q2 2024 performance in the Data Center and AI segments indicates steady revenue growth, supported by a stable macroeconomic environment [2] Group 2 - In a bullish scenario, AMD's stock could rise to $185 to $195 by the end of 2024, driven by the rapid adoption of AI technologies and strong revenue growth [3] - Conversely, a bearish scenario could see AMD's stock drop to $135 due to economic slowdowns, increased competition, and integration challenges with ZT Systems [4] - The acquisition of ZT Systems is aimed at strengthening AMD's microchip designs and enhancing customer support, positioning the company as a competitive solution for cloud and enterprise customers [5]