Amphenol Could Benefit from Nvidia's AI Developments, According to BofA Analyst

Reported about 23 hours ago

Amphenol Corporation (NYSE:APH) has been recognized for its potential in the AI sector, particularly following Nvidia's recent announcement of NVLink Fusion, which may boost demand for Amphenol's products. BofA analyst Wamsi Mohan has increased the price target for Amphenol's stock to $90 while maintaining a 'Neutral' rating. Despite Amphenol being ranked 8th among AI stocks, the analyst suggests other stocks might offer higher returns with less risk.

Source: YAHOO

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