SANTA ANA, CA – TTM Technologies reported first quarter net sales of $846 million, up 30% year over year, marking a record quarter as demand tied to AI and data center buildouts accelerated.

Growth was driven primarily by the data center and networking segment, which accounted for 36% of total revenue, reflecting continued AI-related demand. Aerospace and defense represented 40% of sales, while medical, industrial, and instrumentation markets also posted double-digit growth.

TTM expects second-quarter revenue in the range of $930 million to $970 million. The company said it anticipates continued growth momentum through the remainder of the year.

• Next