Jabil, Coherent, TTM Technologies Rise After Supreme Court Overturns Tariffs

Shares of Jabil, Coherent, and TTM Technologies advanced on February 20, 2026, after the U.S. Supreme Court struck down the Trump administration’s global tariffs. The 6-3 ruling determined the administration improperly used emergency powers to bypass Congress, lifting the S&P 500 and Dow Jones Industrial Average by eliminating levies that burdened corporate balance sheets. TTM Technologies (TTM) reached a 52-week high of $107.95, marking a 52.9% gain since the start of 2026. The printed circuit board manufacturer, which reported 19% year-over-year sales growth in the prior quarter, continues to benefit from AI infrastructure demand. Alphabet recently projected $175 billion to $185 billion in 2026 capital expenditures, reinforcing the sector’s outlook.