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Ciena Corporation

Portfolio Rebalance: Capturing the Next Phase of AI Infrastructure Buildout (Pt.3)
Portfolio

Portfolio Rebalance: Capturing the Next Phase of AI Infrastructure Buildout (Pt.3)

The July AI-infra correction separated disciplined portfolios from levered concentration. Our 3Q26 rebalance concludes with a clear principle: technical relevance is not enough. We exit weakened theses, favour bottleneck resolvers like Soitec, and size unproven optionality with discipline.
29 min read 04 Aug 2026

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