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AI News from ET - Electronic gear maker Amphenol forecasts upbeat quarterly results on AI data centre demand

Vishwadeep Khatri
in AI News & Two Lenses

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Electronic gear maker Amphenol anticipates robust second-quarter revenue exceeding market expectations. This surge is fueled by increased enterprise spending on components vital for artificial intelligence data centers. Amphenol's stock saw a significant jump in premarket trading. The company's solutions are in high demand as tech firms expand infrastructure for generative AI workloads.

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