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Today β€” 19 May 2025Main stream

AMD strikes a deal to sell ZT Systems’ server-manufacturing business for $3B

19 May 2025 at 10:31
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 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 […]
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