Amphenol: Physical Connectivity as the Key to AI Infrastructure. Truist Sees an Additional 38% Upside Potential.

The stock of Amphenol (APH) has held up relatively stable during the current drawdown of many AI infrastructure stocks, showing a sideways movement recently. Amphenol provides the physical connectivity for data centers, networks, and server and rack architectures. Its portfolio includes high-speed connectors, cables, backplane and board interconnects, power delivery solutions, and fiber optic products. With AI workloads, the demand for bandwidth (signal integrity), packaging density, and power delivery increases – which is exactly where Amphenol's...