AMD will sell its ZT Systems data center infrastructure manufacturing business to Sanmina for a transaction value of $3 billion.

MarsBitNews

2025-05-20 04:09:04

According to Mars Finance, on May 20, AMD announced on May 19 local time that it has reached a final agreement to sell ZT Systems’ data center infrastructure manufacturing business to integrated manufacturing solutions company Sanmina, with a transaction value of $3 billion. The deal is expected to be completed by the end of this year. In August last year, AMD agreed to acquire server manufacturer ZT Systems for cash and stock, with a transaction value of $4.9 billion. AMD stated at that time that it would retain the company’s design and customer teams and sell its manufacturing division. ( Jin10 )

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

GetRichWithCurrency

· 2025-05-29 07:33

Sit tight and hold on, we're taking off To da moon 🛫

View OriginalReply0