AMD plans to sell ZT Systems to Sanmina for $3 billion while keeping ZT’s prized engineering team for $1.6 billion. This ...

Advanced Micro Devices (AMD) opened in the red this morning after announcing plans of selling ZT Systems to San ...

AMD (NASDAQ:AMD) offloads ZT Systems' manufacturing arm for $3 billion while snapping up its 1,200-strong engineering team to ...

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SANTA CLARA, CA – AMD has entered into a definitive agreement to divest ZT Systems’ US-based data center infrastructure manufacturing business to Sanmina for $3 billion in cash and stock, including a ...

Advanced Micro Devices and Sanmina-Sci are in the news Monday after the two companies agreed to a deal for the former’s ZT Systems manufacturing business. Sanmina will pay $3 bi ...

Citi has named Advanced Micro Devices better positioned to challenge industry leader Nvidia following recent strategic ...

AMD sells ZT Systems' manufacturing unit for $3B, retaining engineers to boost competitiveness against Nvidia in AI data ...

The deal positions Sanmina as a preferred partner for the manufacturing of AMD's cloud rack and cluster-scale AI solutions.

AMD (NASDAQ:AMD) has announced the sale of ZT Systems manufacturing operations to Sanmina Corporation (NASDAQ:SANM) in a $3 ...

Dow Jones Top Company Headlines at 5 AM ET: Chinese Battery Giant CATL’s Shares Surge on Hong Kong Debut | Honda ... The listing comes as risk appetite has returned to global markets as trade ...

AMD has sold the manufacturing portion of ZT Systems to Sanmina for $3 billion, shortly after acquiring it for $4.9 billion.