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

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

Citi Reiterates Neutral Rating on AMD (AMD) Following ZT Systems Divestiture

May 20, 2025 4:48 AM EDT

Citi analyst Christopher Danely reiterated a Neutral rating and $100.00 price target on AMD (NASDAQ: AMD)

The analyst comments "Yesterday, AMD announced it will divest the manufacturing business of ZT Systems to Sanmina for $3.0 billion. Last August, AMD announced it would acquire ZT... More

Stifel Reiterates Buy Rating on AMD (AMD) Following Acquisition of Manufacturing Business

May 19, 2025 2:44 PM EDT

Stifel analyst Ruben Roy reiterated a Buy rating and $132.00 price target on AMD (NASDAQ: AMD)

The analyst comments "Key Takeaway: In our view, AMDs sale of ZT Systems manufacturing base to SANM aligns with the formers stated goal of technological... More