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.

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.

$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 ...