Rothschild Picks Four AI Networking Winners

Rothschild highlights four AI networking stocks—Lumentum, Coherent, Celestica, Credo—benefiting from optical component demand and capacity expansions.
Lumentum and Coherent each receive $2 billion NVIDIA investment, with Lumentum adding ~80% capacity over 18 months and recent earnings beat.
Celestica reports >50% revenue growth, secured a 1.6 Tbps Ethernet switch contract with a hyperscaler, prompting price‑target hikes.
Credo plans to acquire DustPhotonics; analysts raise price targets after the deal, despite concerns over AEC cable market outlook.