Sanmina agreed to acquire ZT Systems’ data center infrastructure manufacturing business from Advanced Micro Devices for up to $3 billion.

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 ...

Strategic Partnership with AMD AMD will retain ZT Systems' AI systems design businesses and will work with Sanmina as a U.S.-based new product introduction (NPI) manufacturing partner of choice to ...

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 the ...

Having sought a buyer for ZT Systems’ server manufacturing unit since the deal to acquire the company was announced last August, AMD says Sanmina will become a preferred new product introduction ...

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 ...

Advanced Micro Devices’ (AMD) $3 billion sale of ZT Systems’ data center infrastructure manufacturing business to Sanmina (SANM) could help narrow the competitive gap with Nvidia (NVDA ...

AMD will sell ZT Systems' U.S.-based data center infrastructure manufacturing business to Sanmina for $3 billion in cash and stock. Sanmina will become a preferred manufacturing partner for AMD's ...

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. Under ...

Mr. Sola continued, "We look forward to welcoming the ZT Systems team to Sanmina and realizing the benefits of this highly strategic and accretive transaction." Strategic Partnership with AMD AMD ...