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 ...

Semiconductor giant AMD followed through with its plan to spin out ZT Systems’ server-manufacturing business.

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 ...

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 ...

Sanmina agreed to acquire ZT Systems’ data center infrastructure manufacturing business from Advanced Micro Devices for up to $3 billion. - Justin Sullivan/Getty Images Sanmina agreed to acquire ...

(Reuters) -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 ...

Sanmina SANM1.36%increase; green up pointing triangle agreed to acquire ZT Systems’ data center infrastructure manufacturing business from Advanced Micro Devices AMD 0.59%increase; green up ...