The deal is expected to close by the end of 2025, subject to regulatory approval. After this divesture, AMD will maintain control of ZT Systems’ rack-scale AI solutions design business.

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 ...

AMD said it has reached an agreement to sell ZT Systems’ server manufacturing business to U.S. electronics manufacturing services giant Sanmina for $3 billion.

AMD has announced a definitive agreement to sell its U.S.-based data center infrastructure manufacturing business, ZT Systems, to Sanmina for $3 billion in cash and stock, which includes a ...

AMD's Helios server to challenge Nvidia's dominance OpenAI working with AMD on its MI450 chips AMD's acquisitions bolster AI chip and software teams Su took the stage at a developer conference in ...

AMD had announced a $4.9 billion buyout of ZT Systems last year and unveiled plans to break off its server manufacturing business and sell it once the transaction closes.

AMD had announced a $4.9 billion buyout of ZT Systems in 2024 and unveiled plans to sell its server manufacturing business once the transaction closes. The deal was completed in March.