Ciena Stock: Powering the AI Boom - A Network Infrastructure Play
Ciena(CIEN) MarketBeat·2024-06-24 19:14
Ciena TodayCIENCiena$48.45 +1.49 (+3.17%) 52-Week Range$39.94▼$63.24P/E Ratio46.59Price Target$57.25Add to WatchlistNetwork infrastructure solutions provider Ciena Co. NYSE: CIEN plays a critical role in the artificial intelligence (AI) revolution. AI platforms require computing power, data storage speed and capacity, and optimal networking with low latency and high bandwidth to transmit oceans of data quickly. Ciena develops and manufactures the components for optical networking equipment and provides the ...