BofA downgraded Amphenol (APH) to Neutral from Buy with a price target of $71, down from $80. The firm’s checks suggest that certain issues with GB200-based systems could result in a design change that could lower the addressable market for Amphenol and could significantly impact the company’s content in Nvidia (NVDA) GB200 NVL36- and NVL72-based configurations, the analyst tells investors.
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