Ciena CEO who survived the telecom bust tells WSJ the AI boom is different

Gary Smith, CEO of optical networking company Ciena, compares the current AI infrastructure boom to the telecom bust of the early 2000s, highlighting key differences such as demand waves and profitable buyers. He emphasizes the significant infrastructure needed for AI, including advanced WaveLogic chips, and notes that unlike the telecom bust, today's AI market involves active use of resources like GPUs.