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Semiconductor giant AMD followed through with its plan to spin out ZT Systems’ server-manufacturing business.
The deal positions Sanmina as a preferred partner for the manufacturing of AMD's cloud rack and cluster-scale AI solutions.
AMD is selling the server-manufacturing arm of its newly acquired ZT Systems to Sanmina for $3 billion, retaining the AI ...
Advanced Micro Devices (AMD, Financials) is exiting the hardware build side of its AI infrastructure business, selling ZT ...
Sanmina's $3B ZT Systems acquisition boosts AI presence, nearly doubles revenue, and could add $1+ to EPS. Read the latest ...
AMD sells ZT Systems' manufacturing unit for $3B, retaining engineers to boost competitiveness against Nvidia in AI data ...
AMD (NASDAQ:AMD) has announced the sale of ZT Systems manufacturing operations to Sanmina Corporation (NASDAQ:SANM) in a $3 ...
AMD keeps the design business for AI systems from ZT Systems and sells the data center division. In return, AMD is pocketing ...
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Sanmina Acquires ZT Systems Powering the Future of Cloud & AIAMD will sell the server-manufacturing business of recently acquired ZT Systems to Sanmina in a $3 billion deal, making the U ...
Chipmaker AMD agreed on Monday to sell the data center infrastructure manufacturing business of recently acquired ZT Systems ...
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Stocktwits on MSNAMD Better Positioned To Compete With Nvidia After ZT Systems Sale, Citi SaysAdvanced Micro Devices’ (AMD) $3 billion sale of ZT Systems’ data center infrastructure manufacturing business to Sanmina ...
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 ...
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