On July 31, TTM Technologies Inc rose 5.52% in pre-market trading, trading at approximately $120.70/share, with turnover of $243,600.

On the news front, the stock had previously declined for multiple consecutive sessions alongside the broader AI hardware sector pullback, accumulating significant losses. The sector has recently entered a recovery phase, and this rebound aligns with the overall sector repair trajectory. Investment bank Stifel previously noted that the recent AI hardware sector sell-off should be viewed as a rational valuation correction rather than a demand weakening signal, listing TTM Technologies Inc as a representative name whose valuation had been substantially compressed.

Additionally, the company is scheduled to report earnings after market close on August 5. Consensus estimates project quarterly revenue of $962 million, representing 43.91% year-over-year growth, and adjusted EPS of $0.90, up 71.25% year-over-year. The robust earnings expectations are providing additional price support heading into the report.

(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.)