Bottom line: The strategic rationale behind AMD acquiring ZT makes sense, to a point, but $5 billion is a lot to pay, especially when the true value of the transaction relies heavily on the price AMD will get when they spin off ZT's manufacturing unit.
A thirsty potato: According to private records obtained by the Financial Times through freedom of information requests, data center facilities in Virginia have experienced a significant increase in water consumption in recent years. The rise of generative AI could exacerbate this issue, potentially contributing to an environmental disaster in the making.
In a nutshell: Iceland meets most of its energy needs through various forms of domestically produced renewable energy. According to three companies developing a new data center service, the Nordic island nation could also be the ideal environment for mission-critical cloud applications.