Arista AI networking purchase commitments nearly triple to $9.7B
Arista Networks said its multiyear purchase commitments nearly tripled to $9.7 billion during Tuesday’s Goldman Sachs conference. Shares were nearly flat Wednesday at $195.03.
Arista Networks NYSE:ANET, the cloud and AI networking specialist, revealed that its multiyear purchase commitments had nearly tripled to $9.7 billion during Tuesday's Goldman Sachs conference. Shares were nearly flat Wednesday at $195.03, giving the company a market value of approximately $248 bil…