The deal positions Sanmina as a preferred partner for the manufacturing of AMD's cloud rack and cluster-scale AI solutions.

Sanmina paid $3 billion in cash and stock, and under the terms of the deal, AMD will retain ZT Systems' AI systems design ...

Semiconductor giant AMD followed through with its plan to spin out ZT Systems’ server-manufacturing business.

AMD will sell the server-manufacturing business of recently acquired ZT Systems to Sanmina in a $3 billion deal, making the U ...

Sanmina is a U.S.-headquartered integrated manufacturing solutions provider that serves the fastest growing segments of ...

AMD selling ZT Systems' data center manufacturing business to Sanmina for $3 billion in cash & stock. Sanmina to become ...

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 ...

Bankrupt genetic-testing firm 23andMe agreed to sell its data bank, which once contained DNA samples from about 15 million ...

Qualcomm CEO Cristiano Amon said on Monday that the company’s plan to sell server CPUs includes a partnership with Nvidia that will allow the two to integrate their chips into new AI computing systems ...

AMD has sold the manufacturing portion of ZT Systems to Sanmina for $3 billion, shortly after acquiring it for $4.9 billion.