Billionaire Investor Dan Loeb’s Third Point Exited 5 Chip Stocks Last Quarter — Here’s How They’re Performing Today
Dan Loeb’s Third Point exited five semiconductor holdings in Q2, while several of the stocks have since gained.
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Needham Maintains Buy on TTM Technologies, Lowers Price Target to $175
Needham analyst James Ricchiuti maintains TTM Technologies (NASDAQ:TTMI) with a Buy and lowers the price target from $220 to $175.
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8-K filing — TTM TECHNOLOGIES INC (TTMI)
Filed: 2026-09-30 AccNo: 0001193125-26-409136 Size: 1 MB Item 1.01: Entry into a Material Definitive Agreement Item 2.03: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant Item 7.01: Regulation FD Disclosure Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
Buy 3 Top-Ranked AI-Led Stocks at Deep Discount to Maximize Your Gains
Three AI infrastructure stocks—Amkor Technology, Ciena Corp, and TTM Technologies—are recommended as strong buys despite rallying 35-85% year-to-date, as they trade at 42-43% discounts to their 52-week highs. All three benefit from accelerating AI and data center demand with significant upside potential ranging from 34% to 96%.
Shares of electronic equipment-related companies are trading higher, possibly amid overall market strength and sliding oil prices that ease inflation concerns. The industry, which provides infrastructure needs, may be moving alongside the AI sector's rally.