That's a lot of money but it's peanuts compared to how much cash AMD could rake in via AI. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. It won ...
Marking a new chapter in AMD’s competition against Nvidia, the chip designer says its ZT Systems acquisition, completed Monday, will allow it to combine ‘industry-leading systems’ and ‘rack-level ...
Strategic transaction combines industry-leading systems and rack-level expertise with AMD GPU, CPU and networking silicon and open-source software to address the $500 billion data center Artificial ...
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AMD Offloads ZT Systems’ Data Center Infra Manufacturing Business To Sanmina For $3B, Retains AI Design Team
Advanced Micro Devices (AMD) said Monday it will sell ZT Systems' data center infrastructure manufacturing business to Sanmina for $3 billion in cash and stock while retaining ZT’s design and customer ...
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 contingent ...
Semiconductor giant AMD followed through with its plan to spin out ZT Systems’ server-manufacturing business. AMD announced on Monday that it was selling ZT Systems’ server-manufacturing business to ...
In a move to bolster its AI data-center offerings, Advanced Micro Devices (NASDAQ:AMD) completed its $4.9 billion acquisition of data-center equipment designer ZT Systems on Monday. AMD’s CEO, Lisa Su ...
(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 doubled its share price in six months on the $3B ZT Systems deal, AI/data center demand, AMD partnership, and EPS potential. Read why SANM stock is a hold.
AMD has completed its acquisition of ZT Systems, aiming to strengthen its AI infrastructure offerings, the company announced on March 31. The deal will integrate ZT Systems' design teams into AMD's ...
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