Networking Equipment & Photonics

Cloud networks and telecommunications systems depend on switches, optical transport equipment and photonic components to move growing data traffic. The recent AI-related selloff offers a reason to evaluate these hardware suppliers separately from compute providers whose financing and spending plans face scrutiny. This basket targets connectivity infrastructure, while remaining exposed to customer capital-spending cycles and optical-component competition. Launch basket (equal weight): ANET, CIEN, LITE, COHR, AAOI, CSCO Rules: 1. No inverse, leveraged or volatility ETFs. 2. Only names tradable at the enrolled brokers (Moomoo): no OTC listings, no dead tickers, nothing on the refused list.