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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 ...
As part of this deal, Sanmina will become a preferred partner for manufacturing the initial production runs (NPI) of AMD’s cloud rack and cluster-scale AI solutions. AMD will retain ZT Systems ...
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 ...
AMD announced on Monday that it was selling ZT Systems’ server-manufacturing business to electronic manufacturing services company Sanmina. The $3 billion deal is a mix of cash and stock ...
As part of the deal, Sanmina will become AMD's preferred manufacturing partner for new product introductions involving cloud rack and AI cluster-scale solutions. The total value of the agreement ...
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 ...
May 19 (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 ...
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. Featured ...
AMD is entitled to receive up to $153 million, if the deal is terminated. AMD to sell ZT Systems’ server-manufacturing business to Sanmina in $3 billion deal View all comments (0) 0 ...