Top 9 AI Stocks Making Waves Today

2. Ciena Corporation (NYSE:CIEN)

Number of Hedge Fund Holders: 52

Ciena Corporation (NYSE:CIEN) is a networking systems, services, and software company that helps communications companies build and manage advanced and agile networks. It offers solutions for network transformation, managed services, and flawless networks.

On March 27, Lumen Technologies (NYSE:LUMN) and Ciena Corporation (NYSE:CIEN) conducted a 1.2 terabit wavelength service trial across 3,050 km on Lumen’s Ultra-Low-Loss fiber network, the world’s longest non-regenerated signal. The trial, using Ciena’s WaveLogic 6 Extreme technology, supported wavelength, Ethernet, and IP services between Denver and Dallas.

Brodie Gage, Ciena’s senior vice president of global products and supply chain, said, “As the pioneer in high-speed optical innovation, we are dedicated to helping our customers set new benchmarks in network performance and efficiency. This industry-first trial with Lumen marks a pivotal step in our efforts to prepare networks for the AI era. Lumen’s network does not stand still. Continuous investment in the latest network technology is essential for keeping up with bandwidth demands today and into the future.”