AMD will sell the server-manufacturing business of recently acquired ZT Systems to Sanmina in a $3 billion deal, making the U.S.-based contract manufacturer its partner for building AI hardware as the ...

AMD announced on Monday that it was selling ZT Systems’ server-manufacturing business to electronic manufacturing services company Sanmina. The $3 billion deal is a mix of cash and stock ...

Sanmina agreed to acquire ZT Systems’ data center infrastructure manufacturing business from Advanced Micro Devices for up to $3 billion.

Having sought a buyer for ZT Systems’ server manufacturing unit since the deal to acquire the company was announced last August, AMD says Sanmina will become a preferred new product introduction ...

AMD has announced a definitive agreement to sell its U.S.-based data center infrastructure manufacturing business, ZT Systems, to Sanmina for $3 billion in cash and stock, which includes a ...

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. Under ...

Sanmina agreed to acquire ZT Systems’ data center infrastructure manufacturing business from Advanced Micro Devices for up to $3 billion. - Justin Sullivan/Getty Images Sanmina agreed to acquire ...

AMD (NASDAQ:AMD)-2.3% premarket, to sell ZT Systems’ U.S.-headquartered data center infrastructure manufacturing business to Sanmina (NASDAQ:SANM) for $3 billion in cash and stock. As part of ...

AMD closed its acquisition of ZT Systems for $4.9 billion in March and had announced plans to break off its server manufacturing business and sell it once the deal closes. Shares of AMD were down ...

Sanmina gains physical infrastructure, liquid cooling capabilities, and deep experience in high-volume builds for cloud providers. AMD said the retained ZT teams will help deliver faster ...