Transformational Acquisition Complements Sanmina's Comprehensive Capabilities, Accelerates Entry into Cloud and AI Market SAN JOSE, Calif. , Oct. 27, 2025 /PRNewswire/ -- Sanmina Corporation ("Sanmina") (NASDAQ: SANM), today announced it has completed its acquisition of the ZT Systems data center infrastructure manufacturing business from AMD (NASDAQ: AMD).
Advanced Micro Devices surges after a landmark AI chip partnership with OpenAI, positioning AMD as a viable alternative to NVIDIA in the AI space. The OpenAI deal is expected to deliver tens of billions in revenue, with AMD projecting double-digit billions in annual data center AI revenue starting in 2027. Analysts have significantly raised 2026 and 2027 EPS and revenue estimates for AMD, suppo...
Shares of Advanced Micro Devices (NASDAQ: AMD) have surged to an all-time high as the company continues to benefit from its role in the booming artificial intelligence (AI) sector.
AMD is positioned to benefit from the booming AI market as demand grows for its data center CPUs and GPUs. Unity Software's dominance in the mobile gaming market, coupled with its AI-powered advertising product, is expected to drive revenue growth in 2026.
Advanced Micro Devices (AMD) shares surged 7% on Friday, boosted by optimism across the semiconductor sector and a wave of strong earnings and industry developments that reinforced investor confidence in chipmakers. The rally pushed AMD's market capitalization to $400 billion for the first time, marking another milestone in the company's remarkable 2025 performance.
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