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NLTHE NKENGBEZA LEDGERby Nyochembeng Nkengbeza
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TechnologyHardware

Technology / Hardware

Semiconductors, systems and physical infrastructure.

Coverage status2 companies

ACTIVE COVERAGE

Hardware initiation notebooks

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INITIATION NOTEBOOKNYSE: ANET

Arista Networks

Can Arista turn AI back-end networking into a durable growth engine without losing its margin structure or increasing customer concentration risk?

Market cap $251B1Y return 67%
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INITIATION NOTEBOOKNYSE / TSX: CLS

Celestica

Can Celestica preserve growth and margin gains as AI data-center programs scale, or will customer concentration and manufacturing cyclicality reassert themselves?

Market cap $42B1Y return 70%+
OPEN MEMO →