35 AI News You Should Not Miss

20. Amphenol Corporation (NYSE:APH)

Number of Hedge Fund Holders: 72 

Amphenol Corporation (NYSE:APH) specializes in designing, manufacturing, and marketing electrical, electronic, and fiber optic connectors. The company offers a wide array of solutions tailored to AI companies, including advanced chipsets, networking solutions, and critical components such as server and GPU units. In addition, it provides high-speed power connectors specifically designed for data centers that manage large-scale AI computations for leading software firms. These offerings ensure optimized performance and power efficiency, enabling seamless AI processing and supporting the demanding infrastructure of major AI applications. Bank of America recently lowered the price target on the stock to $70 from $71 and kept a Neutral rating on the shares. The advisory lowered estimates to reflect a more cautious view about Auto and Industrial markets, but noted that revenue estimates in calendar year 2025 remained above the Street as the advisory had factored in unclosed, but announced, deals in its model. The advisory’s calendar year 2026 EPS estimate was now $2.39, down from $2.41 previously. Bank of America had last month downgraded the stock to Neutral from Buy.