AMD announced on May 19, local time, that it had reached a final agreement to sell ZT Systems' data center infrastructure manufacturing business to Sanmina, an integrated manufacturing solutions company, with a transaction value of 3 billion US dollars. The deal is expected to close by the end of this year. In August of last year, AMD agreed to buy server manufacturer ZT Systems in cash plus shares, with a transaction value of $4.9 billion. AMD said at the time that it would keep the company's design and customer teams and sell its manufacturing division.

AMD announced on May 19, local time, that it had reached a final agreement to sell ZT Systems' data center infrastructure manufacturing business to Sanmina, an integrated manufacturing solutions company, with a transaction value of 3 billion US dollars. The deal is expected to close by the end of this year. In August of last year, AMD agreed to buy server manufacturer ZT Systems in cash plus shares, with a transaction value of $4.9 billion. AMD said at the time that it would keep the company's design and customer teams and sell its manufacturing division.