Amphenol Stock (NYSE: APH) Drops on AI-Tech Selloff: Dividend Hike, 2025 Guidance, and Analyst Forecasts Heading Into 2026
Amphenol shares fell over 6% to around $130 midday Friday as tech stocks slid on renewed concerns about AI spending and profitability. The drop followed a 52% dividend hike to $0.25 per share and management reaffirming strong 2025 guidance. Investors are watching the planned $10.5 billion CommScope acquisition, expected to close in the first half of 2026.