ANET vs LITE: AI Stock Comparison

• “If we are unable to attract new large customers or to sell additional products and services in the AI Ethernet, Campus Workspace and Network Security Markets, to our existing customers, our…” — 10-K risk factor (filed 2026-02-17) · source
• “Enhanced U.S. trade restrictions affecting China and other countries, including export controls, import regulations, and foreign investment regulations, as well as countermeasures taken by…” — 10-K risk factor (filed 2026-02-17) · source

• “Social and environmental responsibility regulations, policies and provisions, as well as customer and investor demands, may make our supply chain more complex and may adversely affect our…” — 10-K risk factor (filed 2026-08-17) · source
• “Changes in demand and customer requirements for our products may reduce manufacturing yields, which could negatively impact our profitability.” — 10-K risk factor (filed 2026-08-17) · source

Arista sells data-center switching to the largest cloud and AI operators. AI clusters need high-bandwidth networks, making Arista a direct beneficiary of GPU deployments that scale on Ethernet.

Lumentum's lasers and transceivers move data inside AI data centers. Marvell agreed on Nov 2, 2026 to acquire it in an all-stock deal expected to close in 1H 2028.