- Deutsche Bank analyst Gianmarco Conti states that the next wave of the artificial intelligence buildout will focus on connectivity rather than compute.
- Conti gave buy ratings to eight hardware stocks, naming Coherent and Lumentum as his highest conviction picks due to strong demand and supply constraints.
- Other companies receiving buy ratings include Arista Networks, Cisco Systems, and Hewlett Packard Enterprise, which benefit from crucial networking and cooling technologies.
