11 AI News Updates on Wall Street’s Radar

8. Viavi Solutions Inc. (NASDAQ:VIAV)

Number of Hedge Fund Holders: 28

Viavi Solutions Inc. (NASDAQ:VIAV) is a technology company that provides network tests, monitoring and assurance solutions for communications service providers and hyperscalers. It’s also a leader in light management technologies for 3D sensing and anti-counterfeiting. The company announced the enhanced capabilities of its ONE LabPro ONE-1600 on April 1.

By enhancing the capabilities of the world’s first electrical 212G/lane, 1.6Tb/s testing solution, Viavi Solutions Inc. (NASDAQ:VIAV) has essentially set itself for growth opportunities while supporting high-bandwidth network switching devices for AI infrastructure. Likewise, it is expected to strengthen Viavi prospects in the expanding bandwidth network testing market, especially in the next-generation data centers market amid the AI boom.

“Our collaboration is focused on developing cutting-edge testing solutions that tackle these challenges, accelerating the adoption of 1.6T technology, and supporting the evolution of AI-driven infrastructure and high-performance data centers,” said Khushrow Machhi, Senior Director of Marketing, Physical Layer Products Division, and Broadcom.