Core Viewpoint - AMD has entered into a definitive agreement to sell ZT Systems' U.S.-headquartered data center infrastructure manufacturing business to Sanmina for $3 billion, which includes a contingent payment of up to $450 million, while retaining ZT Systems' design and customer enablement teams to enhance AMD's AI systems for cloud customers [1][2][8] Group 1: Transaction Details - Sanmina will acquire the manufacturing business from AMD for $3 billion in cash and stock, including a contingent payment of up to $450 million, with the transaction expected to close near the end of 2025, pending regulatory approvals [2][8] - The divestiture aligns with AMD's intentions announced during the original acquisition of ZT Systems [8] Group 2: Strategic Partnership - Sanmina will become a preferred new product introduction (NPI) manufacturing partner for AMD's cloud rack and cluster-scale AI solutions, enhancing AMD's U.S.-based manufacturing capabilities [1][3] - The collaboration aims to strengthen the quality and time-to-market for AMD's AI systems, leveraging ZT Systems' expertise [3][4] Group 3: Company Profiles - Sanmina is recognized as a leading integrated manufacturing solutions provider, serving various industries with end-to-end design, manufacturing, logistics, and repair solutions [3] - ZT Systems' capabilities in liquid cooling, high-quality manufacturing, and cloud and AI infrastructure experience complement Sanmina's technologies, enhancing their competitive advantage [4]