Founded in 1921 and headquartered in Phoenix, Arizona, Avnet, together with its subsidiaries, distributes electronic components worldwide. The company operates through two segments, Electronic Components and Premier Farnell. The Electronic Components segment markets and sells semiconductors; electronic components, including interconnect, passive and electromechanical devices; and other integrated components from electronic component manufacturers. This segment serves various markets, including automotive, communications, computer hardware and peripherals, industrial and manufacturing, medical equipment, and defence and aerospace. The Premier Farnell segment distributes electronic components primarily to support design engineers, maintenance and test engineers, makers, and entrepreneurs. Avnet common shares are traded on the New York Stock Exchange. To learn the latest Avnet (AVT) share price, follow Capital.com. Lloyds forecast: will Lloyds share price return to £1? Third party data forecastWhat’s next for Lloyds amid higher inflation and the start of a potential recessionary cycle in the UK?
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