News

AMD (NASDAQ:AMD) has announced the sale of ZT Systems manufacturing operations to Sanmina Corporation (NASDAQ:SANM) in a $3 ...
The deal positions Sanmina as a preferred partner for the manufacturing of AMD's cloud rack and cluster-scale AI solutions.
Semiconductor giant AMD followed through with its plan to spin out ZT Systems’ server-manufacturing business.
Sanmina paid $3 billion in cash and stock, and under the terms of the deal, AMD will retain ZT Systems' AI systems design ...
AMD retains ZT Systems’ rack-scale AI solutions design and customer enablement expertise to accelerate quality ...
Sanmina said on Monday it has entered into an agreement to acquire the data center infrastructure manufacturing business of ZT Systems from chipmaker AMD in a deal valued at about $3 billion. AMD had ...
AMD plans to offload ZT Systems’ hardware business once the ... a meaningful portion of its acquisition cost” through such a sale, stemming from the fact that the company seemingly got a ...
Amazon.com Inc. has purchased 822,234 shares of Advanced Micro Devices Inc. worth $84.4 million, according to a 13F ...
Advanced Micro Devices has an undervalued stock and strong fundamentals, driven by growth catalysts and strategic moves.
(Bloomberg) -- Advanced Micro Devices Inc. is in talks with Asia-based companies over a sale ... comment. AMD has inherited ...
"The sale of the (ZT Systems) manufacturing business will have no impact onto AMD in the long run," said Kinngai Chan, a managing director at Summit Insights. Chan added the deal could help expand ...
Marking a new chapter in AMD’s competition against Nvidia, the chip designer says its ZT Systems acquisition, completed Monday, will allow it to combine ‘industry-leading systems’ and ...