On the stock market, it often helps to be associated in some way with a company that pops with investors. So it was with electronics manufacturer Sanmina (SANM 22.73%) on Monday, as a business that it'll be partnering with on an important initiative saw a monster pop in stock price.
Sanmina reported strong Q3 results, beating revenue and EPS estimates, driven by robust growth in communications/cloud segments. The acquisition of ZT Systems' data center manufacturing from AMD is a game-changer, potentially doubling revenue and boosting AI/data center exposure. Despite soft guidance, investor enthusiasm is high due to the AMD partnership and massive AI/data center market grow...
SAN JOSE, Calif. , July 28, 2025 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported financial results for the third quarter ended June 28, 2025 and outlook for its fourth fiscal quarter ending September 27, 2025.
SAN JOSE, Calif. , July 21, 2025 /PRNewswire/ -- Sanmina Corporation (NASDAQ: SANM) announced today that it will host its third quarter fiscal 2025 earnings conference call on Monday, July 28, 2025 at 5:00 PM ET.
SAN JOSE, Calif. , June 17, 2025 /PRNewswire/ -- Viking Enterprise Solutions, a product division of Sanmina Corporation (NASDAQ: SANM), today announced Viking Edge AI, an Edge AI Computational Storage Appliance that eliminates the constraints of traditional edge computing deployment.
Sanmina said on Monday it has entered into an agreement to acquire the data center infrastructure manufacturing business of ZT Systems from chipmaker AMD in a deal valued at about $3 billion.
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