NYSE:TELElectronic
TE Connectivity (TEL) Is Up 8.0% After AI-Linked Revenue Surge And $750 Million Debt Issue
In early February 2026, TE Connectivity, through Tyco Electronics Group S.A., issued US$750 million of senior notes, while also reporting rapidly rising AI-related revenues within its Digital Data Networks business and setting expectations for double-digit year-over-year net sales growth in its upcoming fiscal second quarter.
Beyond strengthening its balance sheet, TE Connectivity’s AI-linked revenue acceleration and long-standing role in critical energy infrastructure, including its Raychem...