Arista Networks has raised its AI networking sales target to $3.5 billion for the current year, with its campus networking segment projected to reach $1.25 billion. The company achieved 35% revenue growth driven by rising cloud demand and its specialized AI portfolio. New Etherlink platforms are further positioning the firm for expansion within the AI infrastructure market. Additionally, technology company Trimble is reportedly seeking to sell a business division through Goldman Sachs.
Arista Networks reported a 35% revenue jump as cloud demand and new Etherlink platforms strengthen its position in the AI infrastructure market.
Read the full storyTech firm Trimble is reportedly working with Goldman Sachs to facilitate the sale of a business unit as part of a strategic review.
Arista Networks raised its AI networking sales target to $3.5 billion, as the segment's growth significantly outpaces its traditional campus business.