BorgWarner tops Wells Fargo's list of top AI plays in the auto sector (BWA:NYSE)
Wells Fargo analyst Colin Langan identified BorgWarner (BWA) as a top AI play in the auto sector due to the significant growth of data centers (DC) and its potential for increased DC content sales. While the auto industry faces slow vehicle growth, the demand for power generation, battery energy storage, and wiring/connectors driven by AI data centers presents a substantial opportunity for auto parts suppliers. TE Connectivity and Aptiv are also highlighted as companies that could benefit from this trend.