AMD Announces Agreement to Divest ZT Systems Data Center Infrastructure Manufacturing Business to Sanmina
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Citi Reiterates Neutral Rating on AMD (AMD) Following ZT Systems Divestiture
May 20, 2025 4:48 AM EDTCiti 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 EDTStifel 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
