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Hi, it’s Ryan Gould in New York, looking at a big deal in the data center world for contract manufacturer Sanmina. Also today ...
Sanmina's $3B ZT Systems acquisition boosts AI presence, nearly doubles revenue, and could add $1+ to EPS. Read the latest ...
AMD will sell the server-manufacturing business of recently acquired ZT Systems to Sanmina in a $3 billion deal, making the U ...
Sanmina Corporation ("Sanmina") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today announced that it ...
Sanmina shares declined after the company said it agreed to acquire a data-center infrastructure manufacturing business from Advanced Micro Devices. The stock fell 5.5% to $79.89 on Monday following ...
Advanced Micro Devices (AMD) said Monday it will sell ZT Systems' data center infrastructure manufacturing business to ...
Sanmina agreed to acquire ZT Systems’ data center infrastructure manufacturing business from Advanced Micro Devices for up to ...
The companies were concerned about the impact of ongoing geopolitical tensions on AI investments. However, the concerns have ebbed since Saudi Arabia and U.S. chip companies signed new deals. AMD ...
AMD and Humain plan to develop a comprehensive AI infrastructure through a network of AMD-based AI data centers that will extend from Saudi Arabia to the US and support a wide range of AI ...
AMD's latest buyback brings its total repurchase authorization to about $10 billion. The announcement follows a $10 billion AI collaboration deal with Middle Eastern firm Humain, revealed just one ...
AMD has been lauded as the most formidable competitor to AI front-runner Nvidia's dominance, but the company now faces tough competition from custom processors and the larger rival's industry ...