{
  "id": 1496185,
  "title": "TTM Technologies (TTMI) Shares Surge Following Strong Results and Outlook Raise",
  "url": "https://urgent.news/2026/08/17/ttm-technologies-ttmi-shares-surge-following-strong-results-and",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T13:57:34.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/ttm-technologies-ttmi-shares-surge-135734015.html"
  },
  "original_language": "en",
  "account": "In the second quarter of 2026, US Equity markets experienced a strong rebound, overcoming geopolitical tensions that threatened to push the S&P 500 Index into correction territory. The technology sector led the charge, fueled by growing AI adoption, while industrials benefited from robust capital expenditure. Small-cap and growth stocks outperformed, as investors became more selective due to concerns surrounding returns, competition, and regulation. Voya Investment Management's Voya MI Dynamic Small Cap Fund outperformed the index, capitalizing on strategic stock selections in the energy, consumer discretionary, and healthcare sectors.\n\nThe Fund's performance was particularly driven by its overweight position in TTM Technologies, Inc. (NASDAQ:TTMI), a US-based global manufacturer of mission systems, RF components, RF microwave/microelectronic assemblies, and printed circuit boards (PCBs). Accounting for 1.39% of the portfolio, TTM Technologies contributed significantly to the Fund's gains during the quarter. On August 14, 2026, the company's shares closed at $140.00 per share, with a market capitalization of $14.75 billion. Over the past 52 weeks, TTM Technologies' shares had gained 234.77%, and the company posted a one-month return of 5.13%.\n\nVoya MI Dynamic Small Cap Fund attributed the positive impact of TTM Technologies' position to risk management considerations. Shares advanced due to strong quarterly results and guidance, driven by accelerating demand for high-performance computing hardware in AI data centers and defense applications. Notably, TTM Technologies is not among the top 40 most popular stocks among hedge funds. As of the end of the first quarter, 64 hedge fund portfolios held TTM Technologies, compared to 54 in the previous quarter. While acknowledging TTM Technologies' potential as an investment, the Fund believes certain AI stocks offer greater upside potential and lower downside risk. For those seeking an undervalued AI stock that could benefit from Trump-era tariffs and the onshoring trend, the Fund recommends a free report on the best short-term AI stock.\n\nFurthermore, the article highlights Sands Capital Technology Innovators Fund's insights on TTM Technologies and directs readers to the hedge fund investor letters Q2 2026 page for additional investor letters and analysis from leading investors.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}