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 ...

The deal is expected to close by the end of 2025, subject to regulatory approval. After this divestiture, AMD will maintain control of ZT Systems’ rack-scale AI solutions design business.

Announcing the deal on Monday, the Santa Clara, Calif.-based chip designer restated its intention to keep ZT Systems’ rack-scale AI solutions design and customer enablement teams, which joined ...

Chipmaker AMD has dropped nearly $5 billion to acquire server hardware company ZT Systems as it works to upgrade its ability to develop and ship AI systems to compete with the likes of Nvidia.

From ZT Systems signing a new partnership with Nvidia in 2024 to AMD’s data center and PC chip future, there are some major elements to AMD’s planned $4.9 billion acquisition of ZT Systems ...

AMD has acquired an AI infrastructure firm ZT Systems, in a transaction reportedly worth around $4.9 billion. The deal comes as AMD seeks to consolidate its position on the market and fend off ...

AMD keeps the design business for AI systems from ZT Systems and sells the data center division. In return, AMD is pocketing a good three billion US dollars.

Sanmina (SANM) is trading sharply lower following the announcement of its $3.0 bln acquisition of ZT Systems' data center infrastructure manufacturing business from Advanced Micro Devices (AMD), ...

AMD plans to acquire hyperscale server maker ZT Systems for $4.9 billion, ... and deploys servers for companies like Amazon Web Services and Microsoft Azure, ... ZT adds world-class systems design and ...

ZT adds world-class systems design and rack-scale solutions expertise that will significantly strengthen our data center AI systems ... Microsoft announces $2.9 billion investment in AI and cloud ...

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.

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.