Sanmina Corp
SANMSanmina Corporation (SANM) is a global leader in integrated manufacturing solutions, providing end-to-end design, fabrication, assembly, and testing services for electronics and hardware products. The company serves various industries including communications, computing, healthcare, defense, and industrial markets, offering customized manufacturing and supply chain solutions.
Company News
AMD disclosed a $6.5 million stake in Marvell Technology through its latest 13F filing, with the position showing an estimated unrealized gain of approximately $4.3 million as Marvell shares have risen about 66% from AMD's implied entry price. The investment reflects AMD's exposure to AI infrastructure and data center semiconductor opportunities....
The global medical device contract development and manufacturing organization (CDMO) market is expected to expand significantly at a CAGR of 13.12% from 2026 to 2033, driven by increased outsourcing by OEMs, demand for advanced connected devices, and the shift toward home care and minimally invasive treatments. CDMOs are becoming essential partne...
Sanmina's stock dropped nearly 22% despite beating earnings estimates on both revenue ($3.19B vs $3.09B expected) and net income ($2.38 per share vs $2.14 expected). The sharp decline was driven by disappointing forward guidance, with the company projecting Q2 net sales of $3.1-$3.4 billion, falling short of analyst expectations of $3.52 billion....
Sanmina plans a new factory in Texas targeting the U.S. energy market and partnered with a Croatian company to co-design transformers, but investors are concerned about potential cash burn and high valuation.
The global In-Vitro Diagnostic (IVD) contract manufacturing market is projected to grow from USD 21.13 billion in 2024 to USD 56.9 billion by 2034, driven by increasing demand for advanced diagnostic tests and rising chronic disease prevalence.
