Ciena Corporation (CIEN) Has Emerged as a High-Growth, Key Infrastructure Winner in the AI Era. Here’ Why

Group 1 - Munro Global Growth Fund reported a return of -0.7% in the December quarter of 2025, with long positions contributing positively while short positions, hedging, and currencies detracted from performance [1] - Global equity markets performed well in 2025, with the S&P 500 increasing by 2.4% and the Nasdaq by 2.3% during the quarter, while Europe and Japan also showed strong performance [1] - The Fund highlighted Ciena Corporation (NYSE:CIEN) as a key stock, which closed at $238.38 per share on January 14, 2026, reflecting a one-month return of 13.13% and a 52-week gain of 183.65% [2] Group 2 - Ciena Corporation (NYSE:CIEN) is recognized for its significant role in networking, particularly for hyperscalers building out data center infrastructure, as noted in the Fund's investor letter [3] - Ciena Corporation has a market capitalization of $33.625 billion, indicating its substantial presence in the network technology sector [2]