AMD Sells ZT Systems' Manufacturing Unit to Sanmina
AMD has sold ZT Systems' manufacturing unit to Sanmina for $3 billion, making the U.S. electronics services giant a top AI ally.
The sale establishes Sanmina as a new product introduction manufacturing partner for AMD's cloud rack and cluster-scale AI solutions, supporting AMD's competition against Nvidia.
Sanmina will become a key partner for AMD's AI solutions.
- AMD sold ZT Systems' manufacturing unit to Sanmina for $3 billion.
- Sanmina will be a new product introduction manufacturing partner for AMD's cloud rack and cluster-scale AI solutions.
- AMD retains ZT Systems' rack-scale AI solutions design and customer enablement teams.
Author's summary: AMD sells unit to Sanmina for $3B.
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