On August 4, TTM Technologies Inc rose 5.6% in regular trading, trading at $128.672/share, with turnover of $20.853 million.

On the news front, the stock had previously declined over 40% in July alongside the broader AI hardware sector pullback. The sector has recently entered a recovery phase, and this rally extends the oversold rebound trend. Investment bank Stifel noted in a report that the recent AI hardware sector selloff should be viewed as a rational valuation reset rather than a signal of weakening demand, and identified TTM Technologies Inc as a representative name whose valuation has been significantly compressed.

Additionally, the company is scheduled to report earnings on August 5 after market close. Consensus estimates project quarterly revenue of $962 million, representing 43.91% year-over-year growth, with adjusted EPS of $0.90, up 71.25% year-over-year. In the prior quarter, the company reported revenue of $846 million with 30.42% growth and adjusted EPS of $0.75, beating expectations.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)