Semiconductor giant AMD followed through with its plan to spin out ZT Systems’ server-manufacturing business. AMD announced on Monday that it was selling ZT Systems’ server-manufacturing ...

AMD closed its acquisition of ZT Systems for $4.9 billion in March and had announced plans to break off its server manufacturing business and sell it once the deal closes. Shares of AMD were down ...

Having sought a buyer for ZT Systems’ server manufacturing unit since the deal to acquire the company was announced last August, AMD says Sanmina will become a preferred new product introduction ...

$3 billion in cash and stock, inclusive of a contingent payment of up to $450 million AMD retains ZT Systems’ rack-scale AI solutions design and customer enablement expertise to accelerate ...

Across the recent three months, 6 analysts have shared their insights on Absci (NASDAQ:ABSI), expressing a variety of opinions spanning from bullish to bearish. Summarizing their recent ...

"Our expanded share repurchase program reflects the Board's confidence in AMD's strategic direction, growth prospects, and ability to consistently generate strong free cash flow," AMD CEO Lisa Su ...

AMD to sell ZT Systems' server-manufacturing business to Sanmina in $3 billion deal The deal, announced on Monday, highlights AMD's efforts to produce more of its chips on American soil amid ...