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 (NASDAQ: AMD) had entered a definitive agreement for the acquisition of Pensando for around $1.9 billion, subject to working capital plus other adjustments. Pensadoo distributed services platform contains a reprogrammable processor The distributed services system of Pensando contains highly efficient, reprogrammable packet processors and a powerful software framework for cloud, business, and […] The post Here is why AMD is spending $1.9 Billion on this acquisition appeared first on Invezz.
moderately positive