canar.ai
Rankings/TEL/Q4 2024 Analysis

TE Connectivity plc

TEL
Q4 2024Estimated4% AI
AI Revenue %
4%
AI Fair Value
$1.3B
AI Revenue (Q)
$153.4M
Total Revenue (Q)
$3.8B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.gov

Analysis

FY2024 total net sales = $15,845M. From the 10-K, Communications Solutions = 12% = ~$1,901M, Data & devices = 65% of Comms = ~$1,236M. Using FY2025 recast, DDN 9-month total = $881M, and DDN was approximately 28% of Industrial Solutions by FY2025. FY2024 annual DDN can be estimated: 9-month recast DDN = $881M; Q4 FY2024 net sales = $15,845M - $11,777M (9mo) = $4,068M. By FY2024 Q4, AI momentum had accelerated significantly. Management's FY2024 10-K explicitly mentions 'artificial intelligence/machine learning applications' in the Data & devices description. Estimating ~40% AI share of Q4 DDN (reflecting acceleration): estimated DDN Q4 ~$355M x 0.40 = $142M / $4,068M = 3.5%, rounded to 4%.
Analyzed by claude-opus-4-6

AI Products Identified (Ring 1)

High-speed data center connectors (800G/1.6T)GPU-to-GPU interconnect connectorsAI server power connectorsThermal management solutionsOptical transceiver connectors

AI-Enabled Items (Ring 2 — Not Counted)

These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.

Digital data networks / Data and devices sub-segmentCommunications Solutions segment (12% of total)

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix