# TTM Technologies business expansion and growth

> Developing situation record from CLSTR: https://clstr.news/situations/ttm-technologies-business-expansion-and-growth
> Updated: 2026-10-22T10:15:10.000Z. Sources: 5. Developments: 2.

TTM Technologies has initiated a significant period of capital investment and expansion driven by demand for artificial intelligence hardware. The company announced a $400 million investment to expand production capacity across five Asian facilities in China and Malaysia, specifically targeting advanced printed circuit boards for high-speed data transmission and AI-driven data center infrastructures.

Following these investments, the company reported record third-quarter 2026 financial results, with net sales reaching $1.2 billion, a 60% increase year-on-year. Growth was largely attributed to the Data Center and Networking market, which accounted for 41% of total net sales. To further its global reach, TTM announced the $650 million acquisition of Ophir Optics and the acquisition of two fabrication factories in the United Kingdom to expand its European footprint.

## Timeline

### 2026-10-22: TTM Technologies reports record third quarter 2026 results

TTM Technologies reported record Q3 2026 net income and $1.2 billion in sales, driven by AI demand and A&D markets.

3 sources. https://clstr.news/cluster/ttm-technologies-reports-record-third-quarter-2026-results

### 2026-10-13: TTM Technologies invests $400 million in China and Malaysia PCB plants

TTM Technologies is investing $400 million to expand printed circuit board production in China and Malaysia to meet rising demand from the AI and data center sectors.

2 sources. https://clstr.news/cluster/ttm-technologies-invests-400-million-in-china-and-malaysia-pcb-plants

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Cite as: TTM Technologies business expansion and growth. CLSTR, https://clstr.news/situations/ttm-technologies-business-expansion-and-growth