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Sanmina Shares Rise Pre-Bell After Advanced Micro Devices' Deal With Microsoft-Backed OpenAI
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Sanmina Shares Rise Pre-Bell After Advanced Micro Devices' Deal With Microsoft-Backed OpenAI
Oct 6, 2025 6:52 AM

09:26 AM EDT, 10/06/2025 (MT Newswires) -- Sanmina ( SANM ) shares were up 38% in recent premarket activity on Monday after it was announced that Advanced Micro Devices ( AMD ) will supply Microsoft ( MSFT )-backed (MSFT) OpenAI with 6 gigawatts of graphics processing units as part of a multiyear deal.

In May, AMD said it had agreed to sell ZT Systems' US-based data center infrastructure manufacturing business to Sanmina ( SANM ). As part of that deal, Sanmina ( SANM ) became a preferred new product introduction manufacturing partner for AMD's cloud rack and cluster-scale AI products, AMD said at the time.

AMD shares were up 37% in recent premarket activity.

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