Evercore Reiterates Amphenol as a Top Pick Thanks to Its Key Role in AI Data Center Infrastructure

Evercore reiterates Amphenol as a top pick, citing its role in the AI data‑center infrastructure. The AI data center market is forecast to grow from the mid‑$200 billion range to nearly $1 trillion by 2030, with a CAGR above 30%. Amphenol (APH), based in Connecticut, provides interconnect, sensor, and antenna solutions for data centers.

Year‑to‑date, APH rose 12.54% to around $183.6 billion in market cap. The stock trades at 39.58x trailing earnings and 7.05x sales. In the March 2026 quarter, revenue was $7.62 billion, up 58.4% year over year, with GAAP EPS of $0.72 and net income of $933 million.