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

In addition, the manufacturing part of ZT is being sold to Sanmina (SANM), and the deal should close by the end of 2025. The sale includes $2.55 billion in cash and stock, plus up to $450 million in ...

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

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

Advanced Micro Devices (NASDAQ:AMD) sold ZT Systems' manufacturing arm to Sanmina for $3 billion, retaining ZT's engineering team to support its AI infrastructure goals. Following the deal, Analysts ...

AMD (AMD) -2.3% premarket, to sell ZT Systems’ U.S.-headquartered data center infrastructure manufacturing business to ...

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

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

Sanmina Corporation ("Sanmina") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today announced that it ...

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

AMD selling ZT Systems' data center manufacturing business to Sanmina for $3 billion in cash & stock. Sanmina to become preferred NPI partner for AMD's AI solutions.

May 19 (Reuters) - 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 ...