{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-122121","form_type":"8-K","ticker":"AMD","cik":"0000002488","company_name":"ADVANCED MICRO DEVICES INC","filed_at":"2025-05-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.862496+00:00","generated_at":"2026-05-21T02:17:56.374317+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"AMD to sell ZT Systems manufacturing business to Sanmina for $3B","bullets":["AMD sells ZT Systems' data center infrastructure manufacturing business to Sanmina for $3B in cash and stock, including up to $450M contingent payment.","Transaction expected to close near end of 2025, subject to regulatory approvals and customary closing conditions.","AMD retains ZT Systems' rack-scale AI design and customer enablement teams to accelerate AI system deployment.","Sanmina becomes AMD's preferred new product introduction (NPI) manufacturing partner for cloud rack and cluster-scale AI solutions.","Divestiture aligns with intention announced in August 2024 at the time of the original ZT Systems acquisition."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-122121","json":"https://secwatch.observer/filing/0001193125-25-122121.json","markdown":"https://secwatch.observer/filing/0001193125-25-122121.md","text":"https://secwatch.observer/filing/0001193125-25-122121.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2488/000119312525122121/0001193125-25-122121-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2488/000119312525122121/d831221d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T02:17:56.374317+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}