Core Insights - Sanmina Corporation (SANM) is expanding its presence in the AI market by leveraging its advanced electronics manufacturing and data center capabilities, positioning itself as a key enabler of AI infrastructure [1][4] Group 1: Company Developments - The acquisition of ZT Systems enhances Sanmina's ability to provide AI-ready data center infrastructure, catering to hyperscale customers [2][8] - Sanmina has partnered with specialists like DeepCoolAI to innovate in the AI market, focusing on advanced liquid cooling and high-density data center solutions [2] - The introduction of the Viking Edge AI Computational Storage Appliance supports efficient edge AI deployment by integrating compute, storage, and networking [3][8] Group 2: Market Context - The global AI market is projected to grow to nearly $3,497.26 billion by 2033, with a compound annual growth rate (CAGR) of 30.6%, indicating significant demand for AI infrastructure [4] - Competitors like Jabil, Inc. and Celestica Inc. are also making strides in the AI market, with Jabil enhancing audio products with AI features and Celestica launching high-performance hardware for AI workloads [5][6] Group 3: Financial Performance - Sanmina's shares have increased by 104.5%, outperforming the Electronics - Manufacturing Services industry's growth of 100.3% [7] - The company's shares are currently trading at 16.45 times forward 12-month earnings, which is lower than the industry average [9] - Earnings estimates for 2025 and 2026 have remained static at $9.64 and $11.46, respectively, over the past 60 days [10]