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AMD in talks to sell data center plant assets worth up to $4B, Bloomberg says

AMD in talks to sell data center plant assets worth up to $4B, Bloomberg says

Advanced Micro Devices is in talks with Asia-based companies about a possible sale of data center manufacturing plants it agreed to acquire last year, people familiar with the matter told Bloomberg’s Jane Lanhee Lee, Ryan Gould and Ian King. Compal Electronics, Inventec, Pegatron and Wistron Corp. are among those to have expressed interest in acquiring the plant assets, which could be valued at $3B-$4B, including debt, the report said. AMD (AMD) shares are down 2.4% in afternoon trading.

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