According to Bloomberg, there are at least four contenders to buy AMD's AI server assembly plants for as much as $4 billion, a much higher sum than initially thought. The report says the company may announce the deal already in the second quarter,

Friday's AMD share decline of 2.2% reflects more general market weakness. Reportedly scheduled for the second quarter, the transaction should enable the business to simplify its p

Chipmaker AMD (AMD) is thinking about selling two factories in New Jersey and Texas in a deal that could be worth around $4 billion, according

Advanced Micro Devices Inc. is in talks with Asia-based companies over a sale of data center manufacturing plants it agreed to acquire last year, people familiar with the matter said.

AMD (NASDAQ:AMD) is in discussions with several companies in Asia to sell server chip manufacturing plants, with the deal potentially being worth around $4B, including debt, Bloomberg reported. AMD shares fell 2.