Sanmina Corporation (SANM)

Sanmina Corporation (SANM) is a leading integrated manufacturing solutions provider for the global Electronics Manufacturing Services (EMS) market. Led by Chairman and CEO Jure Sola, Sanmina’s mission is to "Deliver superior quality and end-to-end manufacturing support" for Original Equipment Manufacturers (OEMs). The company holds a dominant industry position in high-complexity sectors like industrial, medical, and defense. By late 2025, SANM stock has reached new heights following its transformative acquisition of ZT Systems’ manufacturing assets, making it a primary player in the "Cloud and AI Infrastructure" space. Its vision is to become the critical backbone of the global AI supply chain, from backplane fabrication to full rack-level assembly.

The business operations of Sanmina are organized into Integrated Manufacturing Solutions (IMS) and Components, Products, and Services. The core growth driver in 2025 has been the "AI Infrastructure Surge," where revenue for the fiscal year increased 7.4% to $8.1 billion, driven by record demand for high-performance computing components. In late 2025, Sanmina reported a non-GAAP diluted EPS growth of 14.4% and record cash flow from operations of $621 million. The 2026 strategic roadmap focuses on "The Advanced Packaging Initiative," aiming to lead the market in microelectronic and optical assembly for next-generation data centers. By utilizing its "High-Complexity Moat"—owning its own PCB and metal fabrication plants—Sanmina can offer vertical integration that competitors like Foxconn cannot match at lower volumes. This "Engineering Edge" is a primary driver for the SANM stock price. The company’s move into "Autonomous Automotive Electronics" has also diversified its revenue, providing a robust growth engine for SANM stock holders.