Sanmina’s ZT Acquisition Boosts Cloud Revenue to 63%, Eyes $1.3B Helios Opportunity
Sanmina’s ZT Systems acquisition increases cloud and AI infrastructure revenue mix from 38% to 63%, adds hyperscaler clients and liquid cooling capabilities, and ties with AMD target $1.3B revenue from Helios rack. The company will host its Q2 fiscal 2026 earnings call on April 27 at 5:00 PM ET.
1. ZT Systems Acquisition Transforms Revenue Mix
Sanmina completed its acquisition of ZT Systems, raising its cloud and AI infrastructure exposure from 38% to 63%. This deal brings new hyperscaler customers and advanced liquid cooling capabilities into its manufacturing services portfolio.
2. AMD Partnership and Helios Rack Opportunity
Sanmina’s agreement with AMD positions it for the upcoming Helios rack rollout, with analysts estimating that a 10% share of the rack’s total addressable market could generate $1.3 billion in annual revenue. This collaboration underscores Sanmina’s strategic push into high-growth data center equipment.
3. Q2 Fiscal 2026 Earnings Call Scheduled
The company will report its second quarter fiscal 2026 results during a conference call on April 27 at 5:00 PM ET. Investors can access the live webcast and supporting materials through the Sanmina Investor Relations website.