35 Most Important AI Stocks for 2025 According to JPMorgan

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20. Amphenol Corporation (NYSE:APH)

Number of Hedge Fund Holders: 69 

Amphenol Corporation (NYSE:APH) specializes in designing, manufacturing, and marketing electrical, electronic, and fiber optic connectors. In the third quarter of 2024, Amphenol reported a 26% increase in sales to $4.04 billion and a 28% rise in earnings per share to $0.50, surpassing Wall Street expectations. This growth was driven by strong demand for sensors and connectors in IT, data communications, and defense sectors, with the IT and data communications market accounting for about 19% of Amphenol’s sales. Looking ahead, the firm projects its AI-related revenues to surge from $1 billion in 2024 to $3 billion in 2025, driven by increasing demand and capital spending in AI data centers. Analyst Samik Chatterjee from JPMorgan recently reiterated an Overweight rating on Amphenol, noting its favorable positioning within AI data centers.

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