A coming giant AMD followed its business for performing business for the production of ZT system servers.
AMD announced The Monday sold business to produce ZT System Server into the company for electronic production of Sanmin. Another billion dollar is a combination of cash and stock: $ 2.25 billion in cash; A premium of $ 300 million, including 50% cash and 50% of capital; and contingent payment of $ 450 million based on financial performance in the next three years, According to Reuters.
The agreement is expected to be closed until the end of 2025. years, under the condition of regulatory approval. After this devotation, AMD will maintain control of ZT systems and solutions for the design of a rational flat solution.
This announcement is not a shock. When AMD has announced its intention to obtain ZT systemsAI and Cloud Cloud, for $ 4.9 billion in August 2024. year, at the time she said that she planned that part of the business of ZT systems did not release after it was formally closed. The AMD’s procurement of the ZT system officially closed in March 2025. years, according to Reuters.
In addition to this announcement, AMD said that Sandmin would become a “preferred” new product manufacturing partner for the production of products for AMD Cloud Regrl and Cluster-scale and solutions.
“Combining the deep experience of our design teams with Sanmin, we expect our American production opportunities to produce American and clusters for the quality and weather market for our Coopers,” said Forrest Norrod and the Director General, in the company’s announcement.
Techcrunch reached AMD for comment.