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AMD to Divest ZT Systems Server Business to Sanmina in $3 Billion Deal
AMD announced it will sell the server-manufacturing division of its recently acquired U.S.-based firm ZT Systems to Sanmina in a significant $3 billion deal. This strategic move allows AMD to refocus its core business and optimize operations within the competitive server and semiconductor industry. The deal emphasizes Sanminas growing role in high-tech manufacturing and contract services, while AMD consolidates its technological priorities. This transaction marks a substantial reshaping of the supply chain and manufacturing landscape for AMD, potentially impacting global server hardware markets. Industry experts view this as a strategic realignment aimed at enhancing AMDs agility and market positioning amidst evolving technological demands, highlighting the deals importance for stakeholders and industry watchers alike.
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