AMD to Sell ZT Systems Manufacturing Business to Sanmina for $3B
SANTA CLARA, CA – AMD has entered into a definitive agreement to divest ZT Systems’ US-based data center infrastructure manufacturing business to Sanmina for $3 billion in cash and stock, including a potential $450 million contingent payment.
As part of the agreement, Sanmina becomes AMD’s preferred new product introduction (NPI) manufacturing partner for rack-scale and cluster-scale AI infrastructure. AMD will retain ZT Systems’ design and customer enablement teams to continue supporting rapid deployment and high-quality AI solutions for cloud providers.
The transaction, expected to close by the end of the year pending regulatory approval, fulfills AMD’s stated intent from its 2024 ZT Systems acquisition to partner out the manufacturing portion of the business.
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