Amphenol Corporation (APH)'s Strong Quarter Prompts Price Target Increase, With AI Demand Potentially Boosting Future Growth [Yahoo! Finance]
Amphenol Corporation (APH)
Last amphenol corporation earnings: 4/22 08:00 am
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Source: Yahoo! Finance
Data center investments by hyperscalers to leap ahead in the artificial intelligence (AI) race are a hot topic on Wall Street. A latest study into the matter by consulting firm McKinsey sheds further light on the European market in this regard. According to the McKinsey report, data center power consumption in Europe is set to nearly triple by 2030, necessitating a significant increase in electricity supply, particularly from low-carbon sources, along with upgrades to grid infrastructure. McKinsey estimates that the total IT load demand from data centers in Europe is expected to grow to approximately 35 gigawatts (GW) by 2030, up from 10 GW presently. Current trends also indicate that data center power consumption in the region is anticipated to triple to over 150 terawatt hours (TWh) by the end of this decade. Read more about these developments by accessing 10 Best AI Data Center Stocks and 10 Buzzing AI Stocks According to Goldman Sachs The report further reveals that data cent
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News
- Amphenol Announces Fourth Quarter 2024 DividendBusiness Wire
- Attenuators Market to Grow by USD 434.7 Million (2024-2028) as Demand for Wave Protection in Marine Environments Increases; AI-Powered Market Evolution Report - Technavio [Yahoo! Finance]Yahoo! Finance
- Amphenol Corporation Announces Pricing of Senior Notes OfferingBusiness Wire
- International Markets and Amphenol (APH): A Deep Dive for Investors [Yahoo! Finance]Yahoo! Finance
- Amphenol Co. (NYSE: APH) had its price target raised by analysts at TD Cowen from $60.00 to $63.00. They now have a "hold" rating on the stock.MarketBeat
APH
Earnings
- 10/23/24 - Beat
APH
Sec Filings
- 11/8/24 - Form 144
- 11/8/24 - Form 4
- 11/7/24 - Form 4
- APH's page on the SEC website