Arista Stock Falls As Nvidia Wins Meta, Oracle Orders For AI Networking Chips

Arista's two biggest customers for computer network switches have been Microsoft (MSFT) and Facebook parent Meta. Oracle has been viewed as a potential new customer. Oracle has signed massive AI infrastructure deals with OpenAI and others. Shares in Arista Networks (ANET) fell for a second day after Nvidia (NVDA) announced that Oracle (ORCL) and Meta Platforms (META) will use its Spectrum-X Ethernet networking devices in next-generation data centers for artificial intelligence computing. Arista stock is up ...