---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-250803"
form_type: "8-K"
ticker: "AMD"
cik: "0000002488"
company_name: "ADVANCED MICRO DEVICES INC"
filed_at: "2025-10-27T23:59:59+00:00"
generated_at: "2026-05-17T02:15:39.342014+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AMD closes $2.4B+ cash-and-stock sale of ZT manufacturing biz to Sanmina

## Summary
- Sanmina issued 1,151,052 shares of SANM common stock and paid $2.4B in cash (subject to adjustments) to AMD.
- AMD eligible for up to $450M additional contingent cash consideration if certain conditions met post-closing.
- AMD retains ZT Systems' rack-scale AI design and customer enablement teams; Sanmina becomes preferred NPI manufacturing partner.
- Transaction closed October 27, 2025; partnership aims to accelerate quality and time-to-deployment for cloud AI customers.
- Sanmina brings U.S.-based manufacturing strength; AMD extends data center strategy from silicon to full systems.

## SEC filing metadata
- accession: 0001193125-25-250803
- form_type: 8-K
- ticker: AMD
- cik: 0000002488
- company_name: ADVANCED MICRO DEVICES INC
- filed_at: 2025-10-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2488/000119312525250803/0001193125-25-250803-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2488/000119312525250803/d917887d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-250803
- JSON: https://secwatch.observer/filing/0001193125-25-250803.json
- Plain text: https://secwatch.observer/filing/0001193125-25-250803.txt

## Source-grounded claims
- claim_id: 5c695e887de86aa83781e6c71fdfcb1a8ecd4990
  claim: ADVANCED MICRO DEVICES INC completed a disposition involving Sanmina Corporation for 1,151,052 shares of Sanmina common stock and $2.4 billion in cash, subject to certain purchase price adjustments, plus eligible contingent consideration of up t (closed 2025-10-27).
  evidence_excerpt: Equity Sale. Item 2.01 Completion of Acquisition or Disposition of Assets. On the Closing Date, pursuant to the terms of the Purchase Agreement, Sanmina (a) issued to the Seller 1,151,052 shares of Sanmina common stock, and (b) paid, or will cause to be paid, to the Seller $2.4 billion in cash, subject to certain purchase price adjustments (collectively, the
  evidence_url: https://www.sec.gov/Archives/edgar/data/2488/000119312525250803/0001193125-25-250803-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.