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News

AMD Sells ZT Systems Manufacturing Arm to Sanmina

Reuters on MSN · 1d
AMD to sell ZT Systems' server-manufacturing business to Sanmina in $3 billion deal
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 building AI hardware as the chip designer works to onshore supply chains.
EconoTimes · 12h
AMD Sells ZT Systems Manufacturing Arm to Sanmina for $3 Billion
AMD (NASDAQ:AMD) has announced the sale of ZT Systems manufacturing operations to Sanmina Corporation (NASDAQ:SANM) in a $3 billion deal. The transaction includes $2.55 billion in cash and equity, along with up to
Opinion
Circuits Assembly Online Magazine · 5h
AMD to Sell ZT Systems Manufacturing Business to Sanmina for $3B
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 potential $450 million contingent payment.
9h
Sanmina: Becoming An AI Play With And For AMD
Sanmina's $3B ZT Systems acquisition boosts AI presence, nearly doubles revenue, and could add $1+ to EPS. Read the latest ...
1d
AMD and Sanmina Strike an AI Alliance
Hi, it’s Ryan Gould in New York, looking at a big deal in the data center world for contract manufacturer Sanmina. Also today ...

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