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TEL — TE Connectivity News Story

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TE Connectivity jumps on higher Q1 profit forecast

** Shares of sensor maker TE Connectivity TEL.N rise nearly 10% to about $260 in premarket trading

** Co now expects Q1 adj. EPS of $2.53, compared with analysts' expectations of $2.17, according to data compiled by LSEG.

** Says it expects strong demand for AI products

** Q4 adj. EPS of $2.44 per share, above analysts' estimates of $2.29 - LSEG

** Quarterly revenue of $4.75 billion vs expectation of $4.58 billion

** As of last close, shares up about 65.5% YTD

 (Reporting by Parth Chandna)

 ((Parth.Chandna@thomsonreuters.com;))

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