News

AMD has sold the manufacturing portion of ZT Systems to Sanmina for $3 billion, shortly after acquiring it for $4.9 billion.
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Advanced Micro Devices (AMD, Financials) is exiting the hardware build side of its AI infrastructure business, selling ZT ...
Sanmina shares declined after the company said it agreed to acquire a data-center infrastructure manufacturing business from Advanced Micro Devices. The stock fell 5.5% to $79.89 on Monday following ...
AMD offloads ZT Systems to Sanmina for $3 billion. The deal includes $2.25 billion in cash. This strategic move could allow AMD to focus more on its core competencies.
Semiconductor giant AMD followed through with its plan to spin out ZT Systems’ server-manufacturing business.
Sanmina paid $3 billion in cash and stock, and under the terms of the deal, AMD will retain ZT Systems' AI systems design ...
Nvidia share prices on Monday tanked as chip stocks were also sold off. The Santa Clara, California based chipmaker's stocks ...
Sanmina said on Monday it has entered into an agreement to acquire the data center infrastructure manufacturing business of ZT Systems from chipmaker AMD in a deal valued at about $3 billion. AMD had ...
Sanmina is a U.S.-headquartered integrated manufacturing solutions provider that serves the fastest growing segments of ...
AMD selling ZT Systems' data center manufacturing business to Sanmina for $3 billion in cash & stock. Sanmina to become ...
AMD will sell the server-manufacturing business of recently acquired ZT Systems to Sanmina in a $3 billion deal, making the U ...