This AI Infrastructure Stock Grew 176% Last Year. Is It Too Late to Buy in 2026?

Group 1: AI Infrastructure Market Overview - AI infrastructure stocks have experienced significant growth due to massive investments in data centers, benefiting various sectors including chip design, foundries, power companies, and server manufacturers [1][2] - The demand for fast networking and high bandwidths in AI data centers has positively impacted networking component manufacturers [2] Group 2: Ciena's Performance and Outlook - Ciena's stock has risen by 47% in 2026, continuing its strong performance from 2025, driven by increased AI data center spending [4] - Ciena anticipates a growth rate of 24% in fiscal 2026, an improvement from the previous year's 19% revenue growth, supported by a record backlog of $5 billion [5] - In the previous year, Ciena received $7.8 billion in orders, surpassing its annual revenue of $4.8 billion, indicating strong demand that is expected to continue into 2027 and beyond [6]