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Semiconductor giant AMD followed through with its plan to spin out ZT Systems’ server-manufacturing business.
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AMD is selling the server-manufacturing arm of its newly acquired ZT Systems to Sanmina for $3 billion, retaining the AI ...
The deal positions Sanmina as a preferred partner for the manufacturing of AMD's cloud rack and cluster-scale AI solutions.
Sanmina's $3B ZT Systems acquisition boosts AI presence, nearly doubles revenue, and could add $1+ to EPS. Read the latest ...
AMD (NASDAQ:AMD) has announced the sale of ZT Systems manufacturing operations to Sanmina Corporation (NASDAQ:SANM) in a $3 ...
AMD sells ZT Systems' manufacturing unit for $3B, retaining engineers to boost competitiveness against Nvidia in AI data ...
AMD keeps the design business for AI systems from ZT Systems and sells the data center division. In return, AMD is pocketing ...
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Sanmina Acquires ZT Systems Powering the Future of Cloud & AIAMD will sell the server-manufacturing business of recently acquired ZT Systems to Sanmina in a $3 billion deal, making the U ...
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Stocktwits on MSNAMD Better Positioned To Compete With Nvidia After ZT Systems Sale, Citi SaysAdvanced Micro Devices’ (AMD) $3 billion sale of ZT Systems’ data center infrastructure manufacturing business to Sanmina ...
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 ...
Chipmaker AMD agreed on Monday to sell the data center infrastructure manufacturing business of recently acquired ZT Systems ...
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