AI News Investors Should Not Miss

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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 diverse range of products for AI companies, including chipsets, networking solutions, and server and GPU components. Additionally, it provides high-speed power connectors for data centers that handle AI computations for major software firms.

Bank of America recently downgraded Amphenol Corporation (NYSE:APH) to Neutral from Buy with a price target of $71, down from $80. The advisory said checks suggested that certain issues with GB200-based systems could result in a design change that could lower the addressable market for Amphenol and could significantly impact the content of the firm in NVIDIA GB200 NVL36- and NVL72-based configurations.

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