Billionaire Ken Fisher’s 15 Most Notable Moves for 2026

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12. Sanmina Corporation (NASDAQ:SANM)

Fisher Asset Management’s Stake: $96 Million

Sanmina Corporation (NASDAQ:SANM) is another smart AI play by Fisher. His fund first purchased a stake in the company in the third quarter of 2025, buying nearly 167,000 shares at an average price of around $112. In the filings for the fourth quarter of 2025, the fund increased this stake by close to 300%, amassing over 650,000 shares. In November 2025, Fisher discussed his views on the overall AI landscape in a frank manner, noting that AI was a big thing. He also added that AI was an important thing. Per Fisher, there would also be a lot of money lost on this big thing. However, the billionaire cautioned that having a lot of money lost on something did not make that thing a bubble. On the contrary, he said that is what makes the AI world competitive.

Sanmina Corporation (NASDAQ:SANM) is riding the AI wave. In late January, the firm released earnings for the first fiscal quarter, reporting earnings per share of $2.38, beating estimates by $0.23. The revenue over the time was $3.19 billion, surpassing expectations by $100 million. During the earnings call, the Jure Sola, the CEO of the firm reiterated that the goal of the firm was to double revenue in the next 2 years. Per Sola, the AI opportunities were on track to deliver $16-plus billion in annual revenue for the firm in 2027.

Sanmina Corporation (NASDAQ:SANM) provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

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