Sanmina shares are higher by roughly 6%–7% in the latest session, a move market participants are largely attributing to pre-earnings positioning. Sanmina’s investor relations calendar lists its fiscal Q2 2026 earnings event for April 27, 2026 at 2:00 PM PT, which is drawing short-term buying and re-risking into the print.

Sanmina has increasingly been viewed as a beneficiary of AI infrastructure buildouts, and that narrative has been reinforced by its prior quarterly performance. In fiscal Q1 2026, the company reported non-GAAP operating margin of 6.0% and non-GAAP EPS of $2.38, keeping investor focus on whether AI-related mix and scale can support stronger profitability and incremental upside in upcoming results.

With the earnings release imminent, attention is on management’s revenue and margin outlook, plus any commentary on data-center and high-performance networking demand. Options markets have also been active around SANM in recent sessions, adding to the sense that investors are positioning for a potentially larger post-earnings move than usual.