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News

AMD, ZT

Barchart on MSN · 2h
Is AMD Stock a Buy, Sell, or Hold on ZT Systems Sale?
Advanced Micro Devices (AMD) opened in the red this morning after announcing plans of selling ZT Systems to San Jose-headquartered Sanmina (SANM) for $3.0 billion in cash and stock. However, it will retain the data center infrastructure firm’s engineering team,
TechCrunch on MSN · 1d
AMD strikes a deal to sell ZT Systems’ server-manufacturing business for $3B
Semiconductor giant AMD followed through with its plan to spin out ZT Systems’ server-manufacturing business.
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.
8h
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 ...
12h
AMD spends $1.6 billion to keep 1,200 engineers in Nvidia fight
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 ...

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