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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.

· 22h · on MSN

· 6h

AMD to offload ZT Systems server-manufacturing for $3bn

· 1d · on MSN

AMD to sell ZT Systems' server-manufacturing business to Sanmina in $3 billion deal

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 ...

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 ...

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