Sector · 11 names
Networking, optics & servers
Switches, optical links, cables and the servers and racks the chips go into.
What matters here
Growth comes straight from data-centre builds. Server assemblers run thin margins; optics and switches earn more. Inventory is the cycle signal: days rising fast while sales slow means customers have ordered ahead.
Every name in the sector, total return
Total return in USD, on a log scale · grey is semiconductors (SMH)