Networking Stocks Rally as Tech Rebound Lifts AI Gear Makers: Ciena and Arista Climb 4%, but Cisco Barely Moves
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The post Networking Stocks Rally as Tech Rebound Lifts AI Gear Makers: Ciena and Arista Climb 4%, but Cisco Barely Moves appeared first on 24/7 Wall St..
Networking hardware is leading a broad technology rebound, and suppliers of optical links and Ethernet switches for AI data centers are drawing the biggest buying. By Monday afternoon, Ciena Corporation (NYSE:CIEN) stock was up 4% to $347.48. Meanwhile, Arista Networks (NYSE:ANET) stock also climbed 4%, hitting $183.32 and keeping pace with the
Networking hardware is leading a broad technology rebound, and suppliers of optical links and Ethernet switches for AI data centers are drawing the biggest buying. By Monday afternoon, Ciena Corporation (NYSE:CIEN) stock was up 4% to $347.48. Meanwhile, Arista Networks (NYSE:ANET) stock also climbed 4%, hitting $183.32 and keeping pace with the
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