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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.
Epyc chips fuel AMD’s stunning datacenter comeback AMD has pulled off a massive comeback in the server CPU market, snatching half the pie from Intel in just a few quarters. PassMark’s latest figures ...
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 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 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 discusses server plant sale for up to US$4 Billion. Bloomberg Monday 24 February 2025 0. Credit: AFP. Advanced Micro Devices Inc. is in talks with Asia-based companies over a sale of data ...
In February, I showed you how even Nvidia’s networking business is now bigger than gaming. Today, AMD’s (largely rosy!) Q1 2025 earnings show how far gaming has shrunk compared to its desktop ...
Server, cloud, client, laptop combined, AMD's CPU sales are now matched by its AI chips. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works ...
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.