TE Connectivity Raises AI Revenue Outlook Following Record Q2 Performance

TE Connectivity (TEL) has delivered record-breaking financial results for the second quarter of fiscal 2026, underpinned by strong operational execution and expanding demand. CEO Terrence Curtin announced that the company achieved record adjusted earnings per share (EPS) of $2.73, with total sales for the quarter exceeding $4.7 billion. A primary driver of the company's current momentum is the rapid scaling of artificial intelligence infrastructure. TE Connectivity has revised its AI revenue outlook upward by $150 million, signaling robust demand for the specialized connectivity components required for AI-driven data centers and hardware. Looking forward, the company has issued positive guidance for the third quarter. Management expects sales to rise to $5 billion, with adjusted EPS projected to reach approximately $2.83. This trajectory suggests a sustained growth phase as the company capitalizes on the physical infrastructure needs of the tech sector. For investors, the results underscore the broader trend of AI adoption filtering down from chipmakers to the component and connectivity providers. The combination of record current earnings and raised future guidance positions the company favorably within the industrial-tech landscape.