** Shares of electronics equipment maker Amphenol APH.N surge 12.6% to $74.03, a three-month high, early Weds after upbeat results and current-qtr forecast

** APH shares on course for biggest daily pct gain since Jul 18, 2012, and among top S&P 500 .SPX performers as equities jump after Trump dialed back threats to fire Powell .N

** Wallingford, Connecticut-based co posted Q1 sales and earnings beat on robust demand in data communications and defense markets, and amid growing adoption for generative AI technologies

** Sales in qtr grew ~45% y/y to $4.8 bln, topping analysts' expectation of $4.2 bln, and adj EPS of 63 cents beat by 11 cents, per LSEG

** For Q2, co sees sales of $4.9-$5 bln and adj EPS of 64-66 cents, while consensus was calling for $4.58 bln and 55 cents/sh, respectively

** 11 of 19 analysts rate APH "strong buy" or "buy", rest rate "hold" and the median PT is $78 - LSEG

** With move on the session, shares up ~7% YTD and up roughly 30% over the past 12 months. S&P 500 Tech sector .SPLRCT is down ~15% and SPX is off ~7% in 2025

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))