BOTTOM LINE: We update our industry networking model to reflect the latest available campus networking data from 650 Group. In 2Q25, the enterprise (indoor + cloud managed) WLAN market grew +13% yoy, accelerating sequentially (v. +9% yoy in 1Q25) as enterprises continue to upgrade to WiFi 7 and 6E. Notably, WiFi 7's share of the overall enterprise (indoor) market grew to 22% during the quarter (v. 17% in 1Q25). 650 Group expects enterprise WLAN (indoor) market growth to decelerate to +8% yoy growth in C3Q25 ...

Key Takeaways Arista stock jumped 79.7% in a year, beating industry, sector, and S&P 500 performance.Solid traction in AI-driven networking, robust portfolio and strategic acquisition power Arista's growth.Strong cash flow, robust liquidity, and higher earnings estimates strengthen Arista's outlook.Arista Networks, Inc. (ANET) has gained 79.7% in the past year compared to the Internet software industry’s growth of 44.7%. The stock has outperformed the Zacks Computer & Technology sector and the S&P 500 durin ...

MIAMI, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs, a leader in thematic and leveraged exchange-traded funds, today announced the launch of the Defiance Daily Target 2X Long ANET ETF (Ticker: ANEL). This fund provides investors with amplified 2X daily exposure to the performance of Arista Networks, Inc. (NYSE: ANET), enabling retail investors to participate in the growth of a leading innovator without the need for a margin account. ANEL seeks to deliver daily investment results, before fees and expense ...

3 September 2025 | 2:08AM EDT Americas Technology: Hardware Communacopia + Technology Conference: CommTech & IT Hardware preview (2025) We will host 10 companies from the Hardware sector at the Goldman Sachs Communacopia + Technology Conference in San Francisco on September 8-11. In this note, we include a recap of recent company results and key debates, a summary of our current stock views, and a list of questions for management. Company sections are listed in order of appearance. Michael Ng, CFA +1(212)90 ...

[Music] Stocks our strategists feel are poised to deliver positive returns are featured now in their top stock picks of the week. Hello everybody, Ben Reigns here with top stock picks at Zachs. Today I'm looking at Micron which trades on the ticker MU.The chipmaker artificial intelligence company raised its guidance in the middle of August as it benefits from the hypers scalriven data center boom. Yet, Micron stock stalled out at its 52- week highs in the top of a critical range. Still, its improving earnin ...

Key Takeaways NVIDIA's 56% revenue surge fueled record market highs, affirming investor confidence in AI growth.Stocks like Arista, TE Connectivity, Corning, Banco Bilbao, and AppLovin qualified on high ROE.Screening used cash flow over $1B, ROE above industry, strong EPS growth, and favorable valuations. Over the past couple of days, the broader equity markets hit the right chords by scaling all-time highs on the trot, led by the solid quarterly performance of AI behemoth NVIDIA and a healthy economy. With ...

公众号记得加星标⭐️，第一时间看推送不会错过。 近期发布的超以太网（Ultra Ethernet，简称UE）1.0规范，为未来人工智能（AI）和高性能计 算（HPC）系统定义了一套变革性的高性能以太网标准。本文由该规范的编写者共同撰写，对 超以太网的设计进行了高层级概述，为理解其创新点提供了关键的设计动因与科学背景。尽管 超以太网在整个以太网协议栈中均实现了技术突破，但其最突出的贡献是创新性的超以太网传 输层（Ultra Ethernet Transport，简称 UET）——这是一种可完全通过硬件加速的协议，专门 为超大规模系统中的可靠、高速、高效通信而设计。 二十多年前，InfiniBand（无限带宽）是高性能网络领域最后一项重大标准化成果，而超以太 网则充分利用了以太网庞大的生态系统，以及每传输 1 比特数据所带来的千倍级计算效率提 升，开启了高性能网络的新时代。 引言 超以太网（UE）通过标准化的新协议，实现了基于以太网的高性能人工智能（AI）与高性能计算 （HPC）网络支持。本文由超以太网规范的编写者撰写，补充了完整规范中的核心内容，重点阐述了 历时近2.5年的研发过程中所涉及的技术发展历程与创新性 ...

Summary of Arista Networks (ANET) 2025 Conference Call Company Overview - **Company**: Arista Networks (ANET) - **Industry**: Cloud Networking and AI Infrastructure Key Points Industry and Market Dynamics - Arista Networks is positioned at the intersection of cloud networking and AI infrastructure, focusing on both enterprise and cloud titan customers [1][2] - The enterprise campus market is identified as a significant growth area, with efforts to engage medium-sized campuses through channel partners [3][5] Financial Performance - Revenue guidance was raised by approximately $550 million, with at least $50 million attributed to the VeloCloud acquisition [5][6] - The remaining revenue increase is expected to come from a mix of business segments, including AI and general-purpose data centers [5] AI and Cloud Titan Customers - There is strong momentum in AI-related spending, with cloud titans purchasing higher-end products that typically have longer lead times [6][8] - The distinction between front-end and back-end AI infrastructure is becoming less clear, with customers unable to differentiate between products supporting AI clusters and general compute [9][10] Capital Expenditure (CapEx) Insights - CapEx announcements from large customers often have a lag of 12 to 18 months before impacting vendors like Arista [11][12] - Key priorities for customers include next-gen products focused on reducing power consumption and enhancing network capabilities [11][15] Networking Models - The difference between scale-out and scale-up networking is explained, with Ethernet emerging as the preferred choice for large-scale deployments due to its openness and scalability [18][22] - The transition from InfiniBand to Ethernet is noted, particularly for large AI clusters exceeding 50,000 GPUs [26][29] Competitive Landscape - The competitive environment remains stable, with large customers often preferring dual sourcing from multiple vendors [30][31] - Arista's software-driven approach is highlighted as a key differentiator in the market [31][32] Technology Developments - The relationship with Broadcom is emphasized, particularly regarding the Jericho and Tomahawk chipsets, which enhance Arista's product portfolio [35][36] - Co-packaged optics (CPO) technology is under evaluation, with a focus on balancing power and cost while addressing serviceability challenges [37][39] Customer Engagement and Challenges - Approximately 25 to 30 enterprise and neo-cloud customers are adopting AI, with a variety of use cases including GPU as a service and sovereign clouds [46][48] - Challenges include securing power and funding for new projects, which can delay deployment [49][50] Observability and Security - Observability and Zero Trust security are critical for AI use cases, with Arista's CloudVision platform providing end-to-end visibility across AI clusters [58][60] Market Opportunities - The campus market is identified as a significant growth opportunity, with a total addressable market (TAM) comparable to that of data centers [83][84] - Arista's market share in the campus segment is currently low, indicating substantial room for growth [84][85] Future Outlook - The upcoming Analyst Day is expected to provide insights into technology updates and future guidance, particularly regarding the Blue Box initiative [89] Additional Insights - The supply chain situation is improving post-COVID, although lead times for chips have not yet returned to pre-COVID levels [73][74] - Tariff impacts have been minimal due to exemptions, but the situation remains fluid and is monitored closely [69][70]

Core Insights - Three stocks with strong momentum and buy rank are highlighted for investors: TAT Technologies Ltd., Lumentum Holdings Inc., and Arista Networks, Inc. [1][2][3] Group 1: TAT Technologies Ltd. (TATT) - TAT Technologies is a provider of solutions and services to the aerospace and defense industries [1] - The Zacks Consensus Estimate for TAT's current year earnings increased by 10.7% over the last 60 days [1] - TAT's shares gained 21.9% over the last three months, outperforming the S&P 500's 11.4% increase [2] - The company has a Momentum Score of A [2] Group 2: Lumentum Holdings Inc. (LITE) - Lumentum is involved in optical and photonic products [2] - The Zacks Consensus Estimate for Lumentum's current year earnings increased by 20.5% over the last 60 days [2] - Lumentum's shares surged by 57.5% over the last three months, significantly outperforming the S&P 500's 11.4% increase [2] - The company also possesses a Momentum Score of A [2] Group 3: Arista Networks, Inc. (ANET) - Arista Networks specializes in cloud networking solutions [3] - The Zacks Consensus Estimate for Arista's current year earnings increased by 9.8% over the last 60 days [3] - Arista's shares rose by 46.1% over the last three months, again outperforming the S&P 500's 11.4% increase [3] - The company has a Momentum Score of A [3]

Group 1 - First Financial Bancorp. (FFBC) has seen a 6.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Lumentum Holdings Inc. (LITE) has experienced a 20.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Arista Networks, Inc. (ANET) has seen a 9.8% increase in the Zacks Consensus Estimate for its next year earnings over the last 60 days [2] - Bar Harbor Bankshares (BHB) has experienced a 7.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - TAT Technologies Ltd. (TATT) has seen a 10.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3]