Arista Networks stock jumps 8% as CEO talks $10B revenue year and flags chip crunch
Arista Networks jumped 8.2% Wednesday, finishing at $134.83. Shares added another 1% in early pre-market moves Thursday. The networking equipment company, based in Santa Clara, California, is now valued around $183 billion. Arista is back under the microscope as investors look for the next round of AI data center spending. Switches and routers—crucial infrastructure—can become choke points; when they falter, big AI clusters lose momentum.