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.

Sanmina's $3B ZT Systems acquisition boosts AI presence, nearly doubles revenue, and could add $1+ to EPS. Read the latest ...

Advanced Micro Devices and Sanmina-Sci are in the news Monday after the two companies agreed to a deal for the former’s ZT Systems manufacturing business. Sanmina will pay $3 bi ...

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

AMD sells ZT Systems' manufacturing unit for $3B, retaining engineers to boost competitiveness against Nvidia in AI data ...

AMD is selling the server-manufacturing arm of its newly acquired ZT Systems to Sanmina for $3 billion, retaining the AI ...

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

AMD (NASDAQ:AMD) has finalized a deal to divest the manufacturing segment of ZT Systems, selling it to Sanmina Corporation (NASDAQ:SANM) for $3 billion. The transaction, announced on May 19, includes ...

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 ...

AMD keeps the design business for AI systems from ZT Systems and sells the data center division. In return, AMD is pocketing ...