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Benzinga

Business

Anusuya Lahiri

FORGOTTEN HISTORY: Amd offloads data center business to sanmina sharpens focus on high margin chip design | History Defined

AMD Sanmina Nasdaq ZT Systems Advanced Micro Devices

AMD

Advanced Micro Devices, Inc. (NASDAQ:AMD) has completed the sale of ZT Systems' U.S.-based data center infrastructure manufacturing business to Sanmina Corp (NASDAQ:SANM).

Under the agreement, AMD will retain ZT Systems' top-tier design and customer enablement teams to accelerate the development and deployment of AMD-powered AI systems for cloud clients.

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