TD SYNNEX Corporation reports developments tied to its role as a global distributor and solutions aggregator for the IT ecosystem. The company’s distribution business spans IT hardware, software and systems across the Americas, Europe, and Asia-Pacific and Japan, while Hyve Solutions designs, manufactures and delivers traditional and accelerated compute, cloud and connected infrastructure worldwide.
Recurring news includes vendor awards and channel partnerships with major technology providers, expansion of AI infrastructure, cloud commerce, cybersecurity, secure networking and managed-service offerings, and partner enablement programs. Company updates also cover quarterly operating results, dividends, segment reporting and the performance of its global distribution and Hyve Solutions businesses.
TD SYNNEX (SNX) introduced new PartnerFirst agentic AI capabilities for North American partners at its Inspire event in Greenville, South Carolina.
The additions include a model context protocol (MCP) connector, an interface linking partner AI applications to PartnerFirst data and services through 53 available operations. Agent Bridge adds an agent builder and a marketplace of ready-to-use agents. The PartnerFirst Agent has 40 additional features for task execution and workflow automation. A new Customer Lifecycle AI Business Coach provides data-based guidance, with 8 additional vendors now available in Customer Lifecycle tools. Build Your Own Reports adds self-service reporting that partners can schedule, customize and share.
TD SYNNEX (SNX) launched FinOps Fusion, an offering designed to help partners manage their end customers’ costs from AI consumption.
Part of its Destination AI framework, the offering combines a dashboard covering public-cloud and on-premise AI token spending with spending recommendations, training and a managed service for ongoing monitoring and governance. Tokens are units of AI usage. TD SYNNEX plans to introduce an AI Token Consumption Assessment later in 2026 to establish usage baselines and help partners identify cost drivers and opportunities to reduce spending.
TD SYNNEX (NYSE: SNX) has entered into a definitive agreement to acquire BlueStar, a specialty distributor of technology products. BlueStar’s portfolio includes Automatic Identification and Data Capture, technologies used to identify and collect data, as well as operational technology, mobility, RFID, point-of-sale, digital signage, networking, robotics and security.
TD SYNNEX expects the combination to give customers and vendors broader technology offerings, expanded resources and specialized capabilities while preserving BlueStar’s expertise. The transaction remains subject to regulatory approvals and other customary closing conditions. Until completion, TD SYNNEX and BlueStar will continue operating independently and supporting their respective partners throughout the regulatory review process. Both companies will provide updates as the transaction progresses.
TD SYNNEX (SNX) reported $21.6 billion in fiscal third-quarter revenue as sales and earnings rose from a year earlier. Revenue increased 37.7% year over year, while gross profit rose 26.2% to $1,425 million. Gross margin fell 61 basis points to 6.61%, but operating income climbed 67.6% to $643 million and operating margin rose 53 basis points to 2.98%. Net income reached $416 million, and diluted EPS rose 89.1% to $5.18.
Non-GAAP gross billings rose 40.0% to $31.8 billion; both billings and revenue exceeded the high end of the company’s outlook. TD SYNNEX expects fourth-quarter revenue of $21.8 billion to $22.6 billion and diluted EPS of $4.58 to $5.08. It returned $139 million to stockholders through approximately $100 million in repurchases and $38 million in dividends. Its quarterly dividend of $0.48 per share, up 9% year over year, is payable October 30, 2026, to holders of record October 16, 2026.
TD SYNNEX (SNX) and Hammerhead AI announced a strategic distribution collaboration for Hammerhead’s ORCA power‑orchestration software, leveraging TD SYNNEX’s network of more than 150,000 resellers worldwide as part of its Destination AI™ program.
Under the agreement, TD SYNNEX will provide solutions, integration, and resale capabilities for ORCA, including an ORCA SKU designed to help customers locate and unlock power for new AI workloads in greenfield and brownfield data centers. Target customers include neoclouds, AI cloud service providers, AI labs, inference providers, colocation providers, and enterprises seeking additional AI capacity without waiting for grid upgrades. The MW ORCA SKU is intended as a standardized, repeatable package to unlock an incremental megawatt of AI‑ready power from existing infrastructure, enabling operators to monetize idle power and support growing inference workloads.
TD SYNNEX (SNX) will report its third quarter fiscal 2026 results, for the period ended August 31, 2026, before market open on Thursday, September 24, 2026, and will host an earnings conference call and webcast at 9:00 a.m. ET.
Earnings materials and a live webcast link will be available in the “Quarterly Results” section of the company’s investor relations website starting at approximately 7:00 a.m. ET, with a replay accessible after the call.
TD SYNNEX (NYSE:SNX) announced new data-driven enhancements to its PartnerFirst digital customer experience in North America, aimed at giving partners greater visibility, automation and insight across the customer lifecycle. New capabilities include lifecycle stage analysis and reporting for select vendors such as Microsoft and Cisco, personalized views aligned to reseller profiles, and campaign management tools for targeted nurture communications.
Additional updates span opportunity reconciliation metrics, deeper cloud integration with subscription widgets, unified quoting and mobile renewal management. PartnerFirst Digital Bridge now offers Salesforce and QuickBooks Online connectors, AI assistants in Microsoft Teams, Slack and Webex, the QuoteSync quoting tool, and a new Services Marketplace with AI-powered search for IT services.
Hyve Solutions, a wholly owned subsidiary of TD SYNNEX (NYSE: SNX), announced two new advanced manufacturing campuses in Reno and North Las Vegas, Nevada, to meet rising digital infrastructure demand. The Reno flagship site will span about 624,000 square feet, expanding domestic SMT capacity.
Together, the campuses are expected to create approximately 3,000 new jobs across production, engineering, quality, supply chain, warehouse and operations roles, with wages above Nevada’s statewide average and full benefits. Hyve coordinated site selection with Nevada economic development agencies, and its applications were approved by the GOED Board.
Hyve Solutions, a subsidiary of TD SYNNEX (NYSE: SNX), has selected Nevada for two new advanced manufacturing campuses in Reno and North Las Vegas, expected to create approximately 3,000 jobs as it expands U.S. production of AI, cloud and digital infrastructure hardware.
The Reno site will be Hyve’s flagship Nevada campus, occupying about 624,000 square feet of advanced manufacturing space, complemented by an additional facility in North Las Vegas. Open roles include production, engineering, quality, supply chain, warehouse and operations, with wages above Nevada’s statewide average of $32.86 plus medical, vision and dental benefits. Nevada offers performance-based tax abatements to qualifying companies based on measurable economic impact.
TD SYNNEX (NYSE: SNX) announced it has expanded its IBM distribution footprint into 20 new countries across Europe, Asia-Pacific and Latin America, including under the Tech Data and Tec-D brands in Malaysia. The move is intended to increase global scale, provide a more consistent partner experience, and support partner-led growth.
According to TD SYNNEX, the broader reach will extend access to IBM solutions and its joint Select Blue program, which focuses on high-growth areas such as AI, data and automation. The company will support partners with enablement, financing, pre-sales support and go-to-market execution, delivered via a globally consistent framework with localized execution.