AMD strikes a deal to sell ZT Systemsβ server-manufacturing business for $3B
19 May 2025 at 10:31
Semiconductor giant AMD followed through with its plan to spin out ZT Systemsβ server-manufacturing business. AMD announced on Monday that it was selling ZT Systemsβ server-manufacturing business to electronic manufacturing services company Sanmina. The $3 billion deal is a mix of cash and stock: $2.25 billion in cash; a $300 million premium, including 50% cash [β¦]