10 Trending AI Stocks on Latest News and Ratings

3. Juniper Networks, Inc. (NYSE:JNPR)

Number of Hedge Fund Holders: 56

Juniper Networks, Inc. (NYSE:JNPR) is a communication equipment company that designs, develops, and sells network products and services worldwide. The leader in secure AI native networking confirmed on March 4 that Saudi Telecom Company had selected its 400G routers in its Converged Supercore network and key data centers as it looks to expand 5G connectivity in the kingdom.

Saudi Telecom Company is to leverage Juniper 400G routers to improve network capacity, performance and scale. It should also help reduce energy use, all fully aligned with its ongoing digital transformation agenda. The strategic partnership between Juniper Networks, Inc. (NYSE:JNPR) and Saudi Telecom Company (STC) marks a major commercial deployment in one of the biggest telecom markets in the Middle East. Juniper’s position in the cutthroat market for high-performance networking infrastructure is strengthened by this comprehensive 5G expansion partnership spanning 75 cities and regions.