WS #16441
Amphenol reported a significant Q3 earnings beat, with revenue and EPS rising 65% and 74% year-over-year respectively, driven by AI data-center demand. Similarly, GE Vernova rallied following a stellar Q3 beat and upwardly revised guidance due to surging global energy and grid infrastructure demand. These results reinforce the bullish thesis on the AI infrastructure supply chain and industrial electrification, contrasting with broader tech valuation concerns.
AI Infrastructure Earnings Strength
Amphenol reported a significant Q3 earnings beat, with revenue and EPS rising 65% and 74% year-over-year respectively, driven by AI data-center demand. Similarly, GE Vernova rallied following a stellar Q3 beat and upwardly revised guidance due to surging global energy and grid infrastructure demand. These results reinforce the bullish thesis on the AI infrastructure supply chain and industrial electrification, contrasting with broader tech valuation concerns.