Ciena Benefits from AI Optical Networking Bottleneck

Ciena is benefiting from surging demand for optical networking components, which are becoming the next AI infrastructure bottleneck. The top four U.S. hyperscalers are expected to spend $725 billion in capital spending in 2026, a 77% increase over last year's $410 billion. Ciena's stock price action after its quarterly report suggests an attractive buying opportunity.