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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 CATLâs 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 ...
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InvestorsHub on MSNAMD Sells ZT Systems Manufacturing Arm for $3B, Keeps Key Engineers in AI Race Against NvidiaAMD (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.
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.
Shares of Advanced Micro Devices (NASDAQ:AMD) have bounced back nicely since hitting their year-to-date low of $78.21 on ...
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