Sanmina’s AI Rally Heads Toward a June Test After Volatile Week
Sanmina Corp. shares fell 1.33% to $259.73 on May 29 after a strong rally earlier in the week, despite broader market records and continued gains in AI hardware stocks. The company reported fiscal Q2 revenue of $4.01 billion and announced a $600 million buyback in April. Sanmina will present at the BofA Securities Global Technology Conference on June 3. Four S&P Global analysts rate the stock Hold, with an average target of $212.25.
