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0.0344396551724138 0.0355172413793104 0.0280172413793103 0.0280172413793103 0.055948275862069 -0.0347844827586207 -0.0211206896551724 -0.0344827586206897
Stock impact report

TE Connectivity forecasts upbeat second-quarter profit on strong AI tools demand [Yahoo! Finance]

TE Connectivity Ltd. New Switzerland Registered Shares (TEL) 
Last te connectivity ltd. new switzerland registered shares earnings: 4/28 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
?electronic component maker banks on a surge in ?demand for its AI-related tools and products. The company forecast second-quarter adjusted profit ?per share at about $2.65, compared with analysts' expectations of $2.63 per share, according to data compiled by LSEG. The growing global demand for AI-related tools and products has boosted investments in ?data centers and network ?equipment, benefiting companies like TE. First-quarter sales in the company's industrial solutions segment surged more than ?38% year-over-year. The unit makes electrical connector systems and components for factory automation, and equipment used in data centers. CEO Terrence Curtin ?told Reuters in an interview he expects the company's ?industrial segment to stay strong, citing the trends it sees in its order book. The company recorded quarterly orders of more than $5 billion, Curtin said. The Galway, Ireland-based firm posted a 10% year-over-year rise in first-quarter net sales at its ?transportat Show less Read more
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