Insider Monkey's investor database shows several prominent growth investors converging on a relatively obscure AI infrastructure name. Stephen Mandel's Lone Pine Capital disclosed a 2.74 million-share position in TTM Technologies in Q2, worth about $512 million as of June 30. Alex Sacerdote's Whale Rock Capital increased its TTMI stake by about 20% during Q2 to 4.23 million shares, worth roughly $791 million at quarter-end, making TTMI its fourth-largest disclosed U.S. equity position.
TTM Technologies, Inc. (NASDAQ:TTMI) is a manufacturer of printed circuit boards, RF components and other advanced electronic systems.
TTM Technologies, Inc. (NASDAQ:TTMI) is seeing AI demand translate into actual revenue growth. On August 5, the company said second-quarter sales reached a record $1 billion, up 37% YoY. Its Data Center and Networking business generated 40% of revenue and grew 91%, driven by continued AI infrastructure demand. Management expects the segment to account for 49% of third-quarter sales and more than double for full-year 2026.
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Demand indicators remain strong as well. TTM reported a Q2 book-to-bill ratio of 1.49, suggesting orders are still running comfortably ahead of shipments.

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