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Sanmina drops following Monday's surge on AMD, OpenAI deal (SANM:NASDAQ)
Seeking Alpha·2025-10-07 17:25

Core Insights - Sanmina (SAMN) shares experienced an 8% decline during Tuesday's market session after a significant 23% increase on Monday, which was linked to an AI infrastructure deal between Advanced Micro Devices (AMD) and OpenAI [2] - The company is currently in the process of acquiring AMD's ZT Systems, indicating a strategic move to enhance its capabilities in the AI sector [2]