US Stock Movement: TTM Technologies surges on October 9 due to Epiq acquisition, AI demand, and PCB.
Bitget异动解读2026/10/09 13:35TTM Technologies October 9th Surge Interpretation
Keywords: Epiq acquisition, AI demand, PCB
1. On September 30, 2026, TTM Technologies completed the $1.1 billion cash acquisition of Epiq Solutions, adding open-architecture software-defined radio, high-performance RF products, and radiation-resistant space computing solutions. Related businesses are expected to immediately increase adjusted EBITDA, and by 2028 will enhance non-GAAP diluted earnings per share.
2. In the second quarter of 2026, the company recorded revenue of approximately $1 billion, a year-over-year increase of 37.4%. Data center and networking business accounted for 40% of sales, with a year-over-year growth of 91%. The company's main products include printed circuit boards, RF components, and mission systems, covering fields such as aerospace, defense, automotive, and telecommunications.
(Disclaimer: This content is generated by AI technology based on publicly available information for summary purposes only. It does not constitute investment advice.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. stocks move | Moderna (MRNA.US) rises 7% after being included in the Nasdaq 100 Index
According to information from Zhihui Finance APP, on Friday, Moderna (MRNA.US) surged as much as 10% during trading, reaching its highest share price since December 2022. As of press time, the gain narrowed to 7%, with the stock trading at $210.95. On the news front, on October 9, Moderna was officially included in the Nasdaq 100 index, replacing Warner Bros Discovery. After its inclusion, some broad-based institutions that previously did not allocate to biotech will now passively hold the stock, while active institutions will add the company to their watch lists, increasing attention on the individual stock.
FCC Chairman Carr expresses satisfaction with the progress of the Disney lawsuit
FCC Chairman Carr stated that he is "satisfied" with the progress of the lawsuit against Disney (DIS.US).
PDVSA says Venezuela’s oil production will reach 1.5 million barrels per day by the end of 2027
The head of Venezuela's state oil company PDVSA stated that Venezuela's oil production will reach 1.5 million barrels per day by the end of 2027.
Crypto prices
More
