Amphenol Accelerated Growth Through the AI Boom. A Targeted Acquisition Opens New Growth Opportunities. Bank of America Upgrades and Sees 22% Upside Potential.
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Amphenol (APH) is a leading global provider of interconnect and sensor solutions with a diversified product portfolio for electronics in data centers, communication networks, industrial applications, medical technology, defense, and automotive sectors. The recent acquisition of CommScope’s Connectivity and Cable Solutions unit (CCS) represented a significant strategic step to significantly enhance its position in fiber optic interconnect technologies. Although Amphenol has been involved in fiber optics for some time, CEO Ray Norwitt described...
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