TE Connectivity’s Data Center Growth Shows the AI Money Is Still Flowing

What happened: TE Connectivity reported fiscal fourth-quarter earnings per share of $3.14, above the $3.07 Wall Street was looking for. Key numbers: EPS $3.14 versus $3.07 expected. Why it matters: The beat is framed as a sign that data center growth tied to AI spending is still flowing. Market: -1.2% today ($612.44), -5.7% YTD, 0.9x vol — as of 17:32 UTC Coverage: 4 outlets in 24h

TE Connectivity reported fiscal fourth-quarter earnings per share of $3.14, above the $3.07 Wall Street was looking for.

The beat is framed as a sign that data center growth tied to AI spending is still flowing. Market: -1.2% today ($612.44), -5.7% YTD, 0.9x vol — as of 17:32 UTC