35 Chip Stocks In Focus Amid Tech Selloff

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19. TE Connectivity Ltd. (NYSE:TEL)

Number of Hedge Fund Holders: 44     

TE Connectivity Ltd (NYSE:TEL) manufactures and sells connectivity and sensor solutions. The company recently posted earnings for the first fiscal quarter of 2025, reporting earnings per share of $1.95, beating analyst expectations by $0.06. The revenue over the period was $3.84 billion, missing estimates by $70 million. The AI-related offerings of the firm are mainly embedded in sensor technologies, which are used in applications like autonomous vehicles, smart factories, and connected devices. TE also integrates AI into edge computing solutions. The sensor and connectivity products contribute significantly to the overall revenue of the company.

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