TE Connectivity plc (TEL) Positioned for AI‑Driven Growth Amid Strong Order Book

TE Connectivity plc (NYSE:TEL) is one of the best manufacturing stocks to invest in now. On February 13, TE Connectivity plc (NYSE:TEL) entered into a $3 billion five-year senior revolving credit facility with Bank of America as administrative agent.

TE Connectivity plc (TEL) Positioned for AI‑Driven Growth Amid Strong Order Book

The inking of the $3 billion credit facility coincided with the termination of a $1.5 billion five-year unsecured revolver dated April 24, 2024. The new credit facility is poised to bolster the company’s liquidity and its commercial paper program.

In January, TE Connectivity reiterated that it is well-positioned to capitalize on a surge in demand for its artificial intelligence-related tools and products. A surge in investment in data centers and network equipment is increasingly benefiting the likes of TE Connectivity amid rising demand for AI-related tools and products.

In the first quarter of fiscal 2026, the company recorded orders of more than $5 billion, while revenues came in at $4.67 billion, against $4.53 billion expected. It now expects second-quarter adjusted profit of $2.65 per share, above consensus estimates of $2.63 per share.

TE Connectivity plc (NYSE:TEL) is a global industrial technology company that designs and manufactures a vast portfolio of sensors and connectivity solutions, including connectors, antennas, and cables, designed for harsh environments. They enable power, signal, and data distribution across automotive, industrial, communications, and medical industries.

While we acknowledge the potential of TEL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TEL and that has 100x upside potential, check out our report about this cheapest AI stock.

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