Arista Networks' Competitive Advantages In The Networking Market Make It A Buy
Arista(ANET) Seeking Alpha·2024-02-19 17:40
SOPA Images/LightRocket via Getty Images Arista Networks (NYSE:ANET) was one of the hottest stocks in 2023, up 94%, in part due to its customers' eagerness to build out Artificial Intelligence ("AI") infrastructure after OpenAI introduced ChatGPT in late 2022. Two of Arista's largest customers, Microsoft (MSFT) and Meta Platforms (META) were also two of the most prominent investors in AI infrastructure last year. One of generative AI's most significant requirements is the type of networking equipment th ...