TD SYNNEX
SNX · NYSE · Technology
$266.16
+$1.76 (+0.66%) today
Market Cap
$21.28B
24h Volume
$727.8M
P/E Ratio
19.1
52w High
$289.57
52w Low
$141.35
Est. AI Revenue
15%
7-Day Sparkline (Static)
Company facts
Performance
About TD SYNNEX
TD SYNNEX is one of the world's largest IT distributors. It sits between technology vendors and the resellers, integrators, and service providers who sell to end customers, earning thin margins on enormous volumes of hardware, software, and cloud products across its Endpoint Solutions and Advanced Solutions portfolios.
Its AI exposure runs through Hyve Solutions, an original design manufacturer that designs, builds, and racks hyperscale servers, including AI compute systems, directly for large cloud customers. The company also runs Destination AI, a practice that helps its reseller partners package and sell AI offerings.
Founded in 1980 as SYNNEX and combined with Tech Data in 2021 to form TD SYNNEX, the company is headquartered in Fremont, California, employs about 24,000 people, and trades on the NYSE.
TD SYNNEX in the AI buildout
TD SYNNEX touches the EMS & Manufacturing layer mainly through Hyve Solutions, which functions as a hyperscale ODM: it designs purpose built servers and integrates full racks, including AI compute, for large cloud operators. That is real buildout work, but it sits inside a much larger distribution business whose fortunes track overall IT spending. The company's scale gives it a channel role in moving AI hardware and software to market as enterprise adoption spreads.
SNX is tracked in EMS & Manufacturing and Data Centers & Hardware, rated Growing on the AI Exposure leaderboard.
By the numbers
52-week range
SNX trades at $266.16, 84% of the way up its 52-week range of $141.35 to $289.57.
Market cap
Market capitalization is $21.28B, with an AI Exposure Score of 40 out of 100.
Valuation vs peers
Its P/E ratio of 19.1 is below the EMS & Manufacturing category median of 37.5.
Next earnings
TD SYNNEX is next expected to report earnings on September 24, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does TD SYNNEX do?
TD SYNNEX distributes technology products, moving hardware, software, and cloud services from vendors to the resellers and integrators who serve end customers. Its Hyve Solutions unit separately designs and builds hyperscale servers and racks directly for large cloud companies.
How is TD SYNNEX exposed to AI?
Its Hyve Solutions unit builds hyperscale AI servers and racks for cloud customers, and its distribution arm channels AI products to resellers. Supercycle rates it Growing with an AI Exposure Score of 40 out of 100.
What is Hyve Solutions?
Hyve Solutions is TD SYNNEX's original design manufacturing business. It designs purpose built servers, storage, and networking systems and integrates them into full racks for hyperscale data center operators, which now includes AI compute infrastructure programs.
Who leads TD SYNNEX?
Patrick Zammit serves as CEO of TD SYNNEX. The company was formed when SYNNEX, founded in 1980, combined with Tech Data in 2021. It is headquartered in Fremont, California, and employs about 24,000 people.
Is SNX a pure play AI stock?
No. Supercycle scores TD SYNNEX 40 out of 100, in the Growing tier. Hyve's hyperscale AI hardware work is genuine buildout exposure, but the much larger distribution business depends on broad IT spending, not AI infrastructure demand.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
Related reading
- What are AI infrastructure stocks? The 12 layers, explained · AI infrastructure stocks are the companies paid to build AI compute: chips, memory, networking, data centers, cooling and power. The 12 layers and the catch.