AMD Sanmina AI Alliance

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AMD Sells ZT Systems Manufacturing Arm to Sanmina

AMD Sells ZT Systems Manufacturing Arm for $3B, Keeps Key Engineers in AI Race Against Nvidia

AMD (NASDAQ:AMD) is sharpening its competitive edge in the data center GPU market by shedding low-margin operations while retaining critical talent. The chipmaker has agreed to sell the manufacturing unit of ZT Systems to Sanmina Corporation (NASDAQ:SANM) in a $3 billion deal announced on May 19,

InvestorsHub on MSN · 5h

Stocktwits on MSN · 23h

AMD Offloads ZT Systems’ Data Center Infra Manufacturing Business To Sanmina For $3B, Retains AI Design Team

· 1d · on MSN

AMD to sell ZT Systems' data center infrastructure manufacturing unit to Sanmina for $3B

18h

AMD and Sanmina Strike an AI Alliance

Hi, it’s Ryan Gould in New York, looking at a big deal in the data center world for contract manufacturer Sanmina. Also today ...

17h

Sanmina Shares Fall After Deal to Buy AMD's Newly Acquired Manufacturing Company

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 ...

Yahoo Finance4d

Can Saudi AI Deals Boost AMD Over NVIDIA, and Is It a Buy?

The companies were concerned about the impact of ongoing geopolitical tensions on AI investments. However, the concerns have ebbed since Saudi Arabia and U.S. chip companies signed new deals. AMD ...

AOL10d

AMD: Is It Time to Buy the Stock Before Its AI Growth Explodes?

AMD saw several hyperscalers (owners of massive data centers) expand their use of its GPUs for generative artificial intelligence (AI) tasks, such as AI search, rankings, and recommendations.

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