Should Investors Buy AMD as It Takes Aim at Nvidia With Its Latest Acquisition?

The acquisition of ZT Systems will make AMD a more formidable competitor to Nvidia.Advanced Micro Devices (AMD 0.90%) made a big move on the acquisition front, agreeing to acquire ZT Systems. The move is being made to advance its artificial intelligence (AI) strategy and compete better against rival Nvidia (NVDA 0.98%).Let's take a close look at the deal and how it will help the company moving forward.Becoming a data center end-to-end solution providerAMD will acquire ZT Systems for $4.9 billion in a cash a ...