Arista Networks forecast quarterly revenue above estimates after delivering better-than-expected results on Monday, supported by higher demand for its cloud networking gear following a boom in artificial intelligence (AI) applications.Shares of the Santa Clara, California-based company surged 11.7 per cen
Arista Networks forecast quarterly revenue above estimates after delivering better-than-expected results on Monday, supported by higher demand for its cloud networking gear following a boom in artificial intelligence applications.
The third-quarter forecast underscores robust demand from customers including Microsoft and Meta Platforms as they snap up Arista's latest 7800 series of switches designed to support AI workloads.
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