Tag: Electronic Components

Electronic gear maker Amphenol (APH) forecast second-quarter revenue above Wall Street estimates on Wednesday, betting ​on enterprise spending for its components ‌used in artificial intelligence data centers.

Corning (GLW) stock fell Tuesday even after the glass and fiber maker reported better-than-expected quarterly results.

TE Connectivity (TEL) reported better-than-expected quarterly numbers. The artificial-intelligence boom is alive and well and other end markets are joining the party.

Apple announced a significant expansion of its American Manufacturing Program on Thursday, bringing four new partners — Bosch, Cirrus Logic, TDK, and Qnity Electronics — into its domestic supply chain.

Shares of Corning (GLW) fell Wednesday even after the glass maker posted better-than-expected quarterly adjusted earnings and sales. The stock’s double-digit surge the day before may have set investor expectations too high.

As Meta tries to rapidly construct massive data centers to keep pace with the artificial intelligence craze, it’s turning to a 175-year-old glass manufacturer for help.