SANTA CLARA, CA – AMD has entered into a definitive agreement to divest ZT Systems’ US-based data center infrastructure manufacturing business to Sanmina for $3 billion in cash and stock, including a ...

AMD announced partnership with Red Hat to boost AI capabilities and modernize virtualization. AMD's GPUs are now supported on Red Hat OpenShift AI.

Citi has named Advanced Micro Devices better positioned to challenge industry leader Nvidia following recent strategic ...

AMD (NASDAQ:AMD) has announced the sale of ZT Systems manufacturing operations to Sanmina Corporation (NASDAQ:SANM) in a $3 ...

Sanmina Corporation, a leading provider of integrated manufacturing solutions, said on May 19 that it has reached a ...

AMD (NASDAQ:AMD) is sharpening its competitive edge in the data center GPU market by shedding low-margin operations while ...

Advanced Micro Devices (NasdaqGS:AMD) recently held an M&A call with Sanmina Corporation, signaling a potential shift in ...

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

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 ...

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

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 ...