➀ Sanmina acquired ZT Systems' manufacturing division from AMD for $2.55B upfront and up to $3B total, aiming to expand U.S. production capacity;

➁ The sale follows AMD's 2024 acquisition of ZT Systems for data center infrastructure capabilities, with AMD divesting manufacturing to avoid conflicts with customers;

➂ Transition allows AMD to focus on rack-scale system design while Sanmina gains hyperscale manufacturing expertise tied to clients like Microsoft Azure.