AMD (US)

We think a presentation at an investor conference yesterday from the CFO of Advanced Micro Devices (AMD; $507.25; NR) further suggested to us that the shares of Sanmina (SANM; $205.41; O/P) remain well undervalued. We…

The shares of Sanmina (SANM; $172.43; O/P) plunged 17% yesterday on the heels of what we think was a highly encouraging FQ3 (Jun) “beat and raise”. In fact, the stock is now down 39% from…

We think news yesterday out of Advanced Micro Devices’ (AMD; $539.69; NR) Advancing AI 2026 Conference proves very bullish for the accelerated compute market prospects for Sanmina (SANM; $218.56; O/P), possibly as soon as Monday…

We believe Amkor (AMKR; $65.75; E/W) made a good case for the stock’s recent re-rating during its Investor Day last Thursday (5/21) with thorough support for the idea that advanced outsourced semiconductor packaging and test…

We reiterate our Outperform and raise our target from $250 to $300 on the shares of Sanmina (SANM; $242.04) after hosting investor meetings in New York yesterday for CFO Jon Faust and Paige Melching, SVP,…

We reiterate our Outperform, raise our target from $200 to $250, and increase F2026/2027E (Sept) EPS from $10.05/$11.10 to $11.00/$12.75 on Sanmina (SANM; $188.08) after a big FQ2 (Mar) “beat and raise” confirmed to us…

We reiterate our Outperform and raise our target from $400 to $475 on the shares of Celestica (CLS; $401.34) ahead of its Q1 results, scheduled for next Monday (4/27 after market). We note recent data…