Infinera Announces New Line of High-performance 1.6 Tb/s Optics to Reduce Power per Bit by up to 75% for AI-driven Intra-Data Center Connectivity Applications
Infinera Corporation (INFN)
Last infinera corporation earnings: 2/25 04:03 pm
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Source: GlobeNewswire
SAN JOSE, Calif. , March 14, 2024 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today ICE-D, a new line of high-speed intra-data center optics based on monolithic indium phosphide (InP) photonic integrated circuit (PIC) technology. ICE-D optics are designed to dramatically lower cost and power per bit while providing intra-data center connectivity at speeds of 1.6 terabits per second (Tb/s) and greater. This technology enables data center operators to cost-effectively keep pace with relentless growth in bandwidth. Driven by AI workloads and switched network applications, market demand for high-speed (800G+), intermediate-reach (100+ meters) intra-data center interconnect technology is projected to grow nearly tenfold over the next four years – from about 300,000 units in 2023 to more than 2.5 million units by 2027, with a total market opportunity of greater than $2.2 billion, according to industry analysts at Cignal AI. “Intra-data center bandwidth is growing at an
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News
- Infinera Co. (NASDAQ: INFN) is now covered by analysts at Needham & Company LLC. They set a "buy" rating and a $10.00 price target on the stock.MarketBeat
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INFN
Earnings
- 8/9/23 - Beat
INFN
Sec Filings
- 4/8/24 - Form 4
- 4/8/24 - Form 4
- 4/8/24 - Form 4
- INFN's page on the SEC website