AMD is selling the server-manufacturing arm of its newly acquired ZT Systems to Sanmina for $3 billion, retaining the AI design business. The deal supports AMD’s aim to boost U.S.-based production, ...

AMD is divesting ZT Systems’ U.S. data center manufacturing business to Sanmina in a $3 billion deal to accelerate AI infrastructure deployment and streamline operations.

AMD will retain the AI systems design business of ZT Systems and work with Sanmina as a new product introduction manufacturing partner in the U.S.

The rating update highlights AMD’s recent sale of ZT Systems’ manufacturing operations to Sanmina for approximately $3.0 billion.

AMD (NASDAQ:AMD) has announced the sale of ZT Systems manufacturing operations to Sanmina Corporation (NASDAQ:SANM) in a $3 billion deal. The transaction includes $2.55 billion in cash and equity ...

Sanmina agreed to acquire ZT Systems’ data center infrastructure manufacturing business from Advanced Micro Devices for up to $3 billion. Continue Reading View Comments "Kalkine Media dolor sit amet, ...

AMD has sold the manufacturing portion of ZT Systems to Sanmina for $3 billion, shortly after acquiring it for $4.9 billion. The deal lets AMD pocket $2.25 billion in cash, with a $300 million premium ...

AMD to sell ZT Systems' server-manufacturing business to Sanmina in $3 billion deal "We expect to strengthen our U.S.-based manufacturing capabilities for rack and cluster-scale AI systems and ...

SAN JOSE - Sanmina Corporation (NASDAQ: SANM), a notable player in integrated manufacturing solutions, has announced a definitive agreement to purchase the data center infrastructure manufacturing ...

AMD had announced a $4.9 billion buyout of ZT Systems in 2024 and unveiled plans to sell its server manufacturing business once the transaction closes. The deal was completed in March.