TE Connectivity Plc.: Takeaways from “View from the Top” with CEO Terrence Curtin

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TE Connectivity Plc.: Takeaways from “View from the Top” with CEO Terrence Curtin

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TE Connectivity Plc.

Takeaways from “View from the Top” with

CEO Terrence Curtin

Maintain Rating: BUY | PO: 290.00 USD | Price: 213.73 USD

Encouraged at TE’s growth supported by data & power 13 May 2026

We hosted Mr. Terrence Curtin, CEO of TE Connectivity, as part of our View from the Equity

Top CEO Call Series. After our Q&A, we walked encouraged at TE’s growth algorithm

Wamsi Mohan

that remains intact, with the company becoming a broader data and power connectivity Research Analyst

beneficiary. On AI, Mr. Curtin reiterated rev at ~$2.4bn this year and ~$3bn next year, BofAS wamsi.mohan@bofa.com

but we see room for upside as hyperscaler capex continues to step up. Copper vs. optical

Ruplu Bhattacharya

is not a binary risk and instead TE sees the architecture shift as an opportunity to Research Analyst

participate across copper, power, optics, CPO, and optical backplanes. TE reiterated that BofAS ruplu.bhattacharya@bofa.com

their content per rack/GPU should continue to rise. AI racks are a fast-growing proof

Ryan Seungin Choi

point, but the same data and power tailwinds are also showing up in grid, factory Research Analyst

automation, aerospace/defense, vehicles, and commercial transport. That breadth, BofASryan.choi2@bofa.com

combined with pricing discipline, localized manufacturing, rising industrial volumes, and Aisling Grueninger

disciplined M&A, supports the case that TE can sustain above-historical growth and Research Analyst

strong incremental margins through the cycle. Maintain Buy. BofASaisling.grueninger@bofa.com

Broadening strength across the business, beyond just AI

Growth is broadening across the portfolio as TE is expected to deliver $2bn+ of growth