ZT Systems, a U.S.-based data center infrastructure company, was acquired by AMD in 2024. At the time, AMD indicated it would seek a strategic buyer for ZT’s manufacturing business.

AMD said on Monday it plans to acquire server maker ZT Systems for $4.9 billion as the company seeks to expand its portfolio of artificial intelligence chips and hardware and battle Nvidia .

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: ...

AMD will sell the server-manufacturing business of recently acquired ZT Systems to Sanmina in a $3 billion deal, making the U.S.-based contract manufacturer its partner for building AI hardware as ...

(Bloomberg) -- Advanced Micro Devices Inc. agreed to buy server maker ZT Systems in a cash and stock transaction valued at $4.9 billion, adding data center technology that will bolster its efforts ...

AMD's divestment of ZT Systems' data center infrastructure manufacturing business was part of its strategy when it first announced plans last August to acquire the company for $4.9 billion.The ...

In a move to bolster its AI data-center offerings, Advanced Micro Devices (NASDAQ: AMD) completed its $4.9 billion acquisition of data-center equipment designer, ZT Systems on Monday.

AUSTIN, Texas — Technology company ZT Systems has announced plans to open a new manufacturing facility in Georgetown. According to a Friday news release, the company has recently acquired a new ...