Electronic Components(IN00303.US)

Amphenol stock drops due to data center sales concerns. Celestica also facing similar fears. - Investor's Business Daily

Amphenol experienced a decline in its stock on Wednesday due to concerns about a potential slowdown in data center sales. Investors are likely to have similar apprehensions about Celestica as it prepares to report its earnings. This indicates a trend affecting data center suppliers, with Amphenol facing organic growth fears. Celestica is anticipated to face similar scrutiny in the upcoming days.

Corning forecasts first-quarter sales above estimates on strong optical fiber demand

Corning forecasts first-quarter sales between $4.2 billion and $4.3 billion, exceeding analysts' estimates of $4.23 billion, driven by strong demand for fiber-optic products. The company has secured a multi-year deal worth up to $6 billion with Meta Platforms for fiber-optic cables to support AI-focused data centers. Corning's shares have risen 26% this year, following an 84% gain in 2025. The optical communications division reported net sales of $1.70 billion for Q4, aligning with estimates, while core sales reached $4.41 billion, surpassing expectations of $4.35 billion.

Amphenol dives on organic growth fears; fellow data center supplier Celestica on tap

On Wednesday, Amphenol sank on fears its data center sales might slow. Investors could have the same concerns for Celestica ahead of its earnings.

U.S. Stock Market Midday Update: Amphenol's earnings report exceeded expectations but fell 12.43%, with future growth concerns suppressing market confidence

Amphenol fell 12.43%; Corning fell 4.29%, with a trading volume of USD 1.221 billion; Coherent Corp. rose 1.12%, with a trading volume of USD 391 million; Littelfuse Inc. rose 5.81%, with a trading volume of USD 739.8 million; Becton Dickinson rose 0.35%, with a market value of USD 4.637 billion

LG Display Co shares are trading lower after the company reported worse-than-expected Q4 financial results.