1 Top AI Stock to Bet On the Future of Data Centers
Shares of data center equipment designer Arista Networks (ANET -1.78%) have been on fire, more than doubling since the start of 2023. The fourth-quarter 2023 earnings update justified this company's dominant position in the market as the realization settles in that artificial intelligence (AI) -- or maybe just accelerated computing -- is more than just a passing fad.But as Arista is ultimately a hardware-based business, periods of rapid growth can quickly come to an end. In fact, growth is expected to slow ...