Brief: Sanmina Announces Acquisition Of Data Center Infrastructure Manufacturing Business Of ZT Systems From AMD
19/05/2025 12:45
May 19 (Reuters) - Advanced Micro Devices Inc AMD.O: SANMINA ANNOUNCES ACQUISITION OF DATA CENTER INFRASTRUCTURE MANUFACTURING BUSINESS OF ZT SYSTEMS FROM AMD ADVANCED MICRO DEVICES INC - DEAL VALUED UP TO $3 BILLION INCLUDING CONTINGENT CONSIDERATION ADVANCED MICRO DEVICES INC - ZT SYSTEMS ANNUAL NET REVENUE RUN-RATE ABOUT $5-$6 BILLION ADVANCED MICRO DEVICES INC - SANMINA SECURES $2.5 BILLION FINANCING FROM BANK OF AMERICA ADVANCED MICRO DEVICES INC - DEAL EXPECTED TO BE ACCRETIVE TO SANMINA'SNON-GAAP EPS IN FIRST YEAR Source text: ID:nPnc3TzxGa Further company coverage: AMD.O ((Reuters.Briefs@thomsonreuters.com;))