Sanmina
SANM · NASDAQ · Technology
$199.56
+$3.57 (+1.79%) today
Market Cap
$10.70B
24h Volume
$178.6M
P/E Ratio
35.7
52w High
$282.72
52w Low
$113.14
Est. AI Revenue
30%
7-Day Sparkline (Static)
Company facts
Performance
About Sanmina
Sanmina is an electronics manufacturing services company that builds complex products for customers in communications, cloud, industrial, medical, defense, and automotive markets. It earns revenue on outsourced manufacturing programs and on components, printed circuit boards, and backplanes it fabricates itself.
Its AI position changed sharply when it acquired ZT Systems' data center infrastructure manufacturing business from AMD. The deal makes Sanmina a primary US manufacturer of AI rack-scale systems, with AMD committed as an anchor customer, and it adds to existing work building cloud and networking hardware for major equipment makers.
Founded in 1980 and headquartered in San Jose, California, Sanmina employs about 35,000 people and trades on the NASDAQ. Cofounder Jure Sola leads the company as chairman and CEO.
Sanmina in the AI buildout
Sanmina sits in the EMS & Manufacturing layer. Through the ZT Systems manufacturing business it bought from AMD, it assembles complete AI rack-scale systems in the United States, an increasingly valued capability as hyperscalers and chipmakers push for domestic manufacturing. Its printed circuit board and backplane fabrication also feeds data center hardware. The AMD anchor relationship gives it a direct line into one of the two major AI GPU roadmaps.
SANM is tracked in EMS & Manufacturing, rated Core on the AI Exposure leaderboard.
By the numbers
52-week range
SANM trades at $199.56, 51% of the way up its 52-week range of $113.14 to $282.72.
Market cap
Market capitalization is $10.70B, with an AI Exposure Score of 70 out of 100.
Valuation vs peers
Its P/E ratio of 35.7 is in line with the EMS & Manufacturing category median of 37.5.
Next earnings
Sanmina is next expected to report earnings on November 2, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Sanmina Corporation do?
Sanmina is an electronics manufacturing services company based in San Jose, California. It builds complex electronics for cloud, communications, industrial, medical, defense, and automotive customers, and fabricates its own printed circuit boards and backplanes.
How is Sanmina Corporation exposed to AI?
Supercycle rates Sanmina Core with an AI Exposure Score of 70 out of 100. Its acquisition of ZT Systems' manufacturing business from AMD makes it a primary US builder of AI rack-scale systems, with AMD as an anchor customer.
What did Sanmina buy from AMD?
AMD kept ZT Systems' design team after buying the company, then sold its data center manufacturing arm to Sanmina. That gives Sanmina the factories and workforce that assemble hyperscale AI server racks in the United States.
Is SANM a pure play AI stock?
No. Sanmina sits at the lower edge of the Core tier. The ZT Systems business gives it real AI rack manufacturing scale, but diversified legacy manufacturing across industrial, medical, defense, and automotive markets still contributes much of its revenue.
Who leads Sanmina?
Jure Sola cofounded Sanmina in 1980 and leads it today as chairman and CEO, one of the longest tenures in the electronics manufacturing industry. The company employs about 35,000 people worldwide from its San Jose, California headquarters.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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