ZT Systems, a U.S.-based data center infrastructure company, was acquired by AMD in 2024. At the time, AMD indicated it would seek a strategic buyer for ZT’s manufacturing business.

On Monday, AMD said the cash-and-stock deal values privately held ZT Systems at $4.9 billion, including a contingent payment of up to $400 million based on certain milestones after the transaction ...

AMD (AMD) -2.3% premarket, to sell ZT Systems’ U.S.-headquartered data center infrastructure manufacturing business to Sanmina (SANM) for $3 billion in cash and stock.

--AMD today announced it has entered into a definitive agreement to sell ZT Systems’ U.S.- headquartered data center infrastructure manufacturing business to Sanmina, a leading integrated ...

As ZT Systems' manufacturing business continues its platform transition in 2025, Sanmina and AMD remain committed to ensuring the future success of the business' strong revenue.

$3 billion in cash and stock, inclusive of a contingent payment of up to $450 million AMD retains ZT Systems’ rack-scale AI solutions design and customer enablement expertise to accelerate ...

$3 billion in cash and stock, inclusive of a contingent payment of up to $450 million AMD retains ZT Systems’ rack-scale AI solutions design and customer enablement expertise to accelerate ...

AMD will retain ZT Systems' world-class design and customer enablement teams to accelerate the quality and time-to-deployment of AMD AI systems for cloud customers.

$3 billion in cash and stock, inclusive of a contingent payment of up to $450 million AMD retains ZT Systems' rack-scale AI solutions design and customer enablement expertise to accelerate quality and ...