**Sanmina Corporation (SANM)** is pivoting towards artificial intelligence (AI) infrastructure manufacturing, expanding its capabilities in AI servers and storage systems. Following the acquisition of ZT Systems’ data center manufacturing business from Advanced Micro Devices, Inc. (AMD), Sanmina aims to enhance its presence in the rapidly growing AI sector. The collaboration with AMD positions Sanmina as a key manufacturing partner for AI solutions, enabling faster deployment of cloud AI infrastructure.
Over the past year, Sanmina’s stock has increased by 52.1%, while its industry peers have seen growth of 94%. The company currently trades at a forward price-to-sales ratio of 0.45, below the industry average of 0.84, and its earnings estimates for 2026 have been raised by 4.4% in the past 60 days.
