What is the sentiment of this news? Please choose an answer from {strong negative/moderately negative/mildly negative/neutral/mildly positive/moderately positive/strong positive}.

Advanced Micro Devices, Inc. (NASDAQ:AMD) said it is to buy cloud start-up Pensando for US$1.9bn in cash to compete with Intel and Nvidia in the data-centre chipset market. The deal gives AMD access to Pensando's processor and software platform which allows companies to function more like cloud computing data centres.
moderately positive