Advanced Micro Devices said it completed the sale of all equity interests of ZT Group Int'l, Inc. to Sanmina Corporation pursuant to the Equity Purchase Agreement dated October 27, 2025, with May 18, 2025 as the closing date. The seller was AMD Design, LLC, a wholly owned subsidiary of AMD.

1. 01

   Advanced Micro Devices said it completed the sale of all equity interests of ZT Group Int'l, Inc. to Sanmina Corporation pursuant to the Equity Purchase Agreement dated October 27, 2025, with May 18, 2025 as the closing date. The seller was AMD Design, LLC, a wholly owned subsidiary of AMD.

2. 02

   The company said it received or will receive 1,151,052 shares of Sanmina common stock and $2.4 billion in cash as closing consideration. The cash amount is subject to certain purchase price adjustments.

3. 03

   AMD said it is eligible to receive additional consideration of up to $450 million in cash if certain conditions are met following the closing of the transaction.

4. 04

   The company said it divested the ZT Systems U.S.-headquartered data center infrastructure manufacturing business while retaining ZT Systems' design and customer enablement teams. It added that Sanmina became a preferred new product introduction (NPI) manufacturing partner for AMD cloud rack and cluster-scale AI solutions.

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