Sanmina (SANM) Announces Acquisition Of Data Center Infrastructure Manufacturing Business Of ZT Systems From AMD (AMD)

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SANMINA ANNOUNCES ACQUISITION OF DATA CENTER INFRASTRUCTURE MANUFACTURING BUSINESS OF ZT SYSTEMS FROM AMD

May 19, 2025 7:30 AM EDT

Transformational Acquisition Increases Sanmina's Scale and End-Market Exposure to Cloud and AI Infrastructure

Planned Divestiture by AMD Creates Preferred NPI Manufacturing Partnership with Sanmina, a Leading IMS Company

Purchase Price of $2.55 Billion Cash and Equity, Plus $450 Million in Contingent Consideration, Totaling Up to $3 Billion

Transaction Expected to be Accretive to Non-GAAP EPS in First Year Post-Close

Sanmina to Host Conference Call Today at 8:30 a.m. ET... More