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 ...

AMD is selling the server-manufacturing arm of its newly acquired ZT Systems to Sanmina for $3 billion, retaining the AI ...

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

AMD (NASDAQ:AMD) has finalized a deal to divest the manufacturing segment of ZT Systems, selling it to Sanmina Corporation (NASDAQ:SANM) for $3 billion. The transaction, announced on May 19, includes ...

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

AMD (NASDAQ:AMD) is sharpening its competitive edge in the data center GPU market by shedding low-margin operations while ...

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.

Chipmaker AMD agreed on Monday to sell the data center infrastructure manufacturing business of recently acquired ZT Systems ...