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 ...

Sanmina's $3B ZT Systems acquisition boosts AI presence, nearly doubles revenue, and could add $1+ to EPS. Read the latest ...

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 ...

Manufacturing solutions company Sanmina announced Monday that it plans to acquire ZT Systems' data center infrastructure ...

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 ...

Sanmina Corporation, a leading provider of integrated manufacturing solutions, said on May 19 that it has reached a ...

AMD keeps the design business for AI systems from ZT Systems and sells the data center division. In return, AMD is pocketing ...

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

Advanced Micro Devices (AMD, Financials) is exiting the hardware build side of its AI infrastructure business, selling ZT Systems' manufacturing operations to Sanmina while keepin ...