Networking stocks Ciena and Arista jump 4% as AI data center demand fuels tech rebound

Networking stocks Ciena and Arista rose 4% amid a tech rebound driven by strong AI data center spending. Ciena reported a 37% revenue increase and raised its 2026 guidance, supported by growing demand from cloud providers despite supply constraints. Arista's Ethernet switches also benefit from expanding AI infrastructure, while Cisco's stock showed little movement. Investors are watching if these trends continue as supply issues persist through 2027.

As of Oct 20, 2026 01:22 WIB, Ciena (CIEN) and Arista Networks (ANET) show strong gains on Pluang, rising 4.35% and 3.38% respectively, while Cisco Systems (CSCO) lags with a slight 0.33% decline. Despite Ciena's price of USD 347.20 being well below its 52-week high of USD 627.00, it sees a majority of buy orders at 61%. Arista trades closer to its 52-week high of USD 216.74, and Cisco, with the largest market cap among the three at USD 423.39B, remains near the middle of its 52-week range at USD 107.04.