Keysight to demo AI infrastructure solutions at ECOC 2024

FRANKFURT, Germany - Keysight Technologies (NYSE: NYSE:KEYS), a prominent player in the electronic design and test space, is set to present a series of advanced solutions aimed at propelling next-generation artificial intelligence (AI) infrastructure at the European Conference on Optical Communication (ECOC) from September 23-25, 2024. The demonstrations will highlight the company's commitment to enhancing network and data center performance with technologies supporting 800G, 1.6T, and potentially higher speeds.

At the event, to be held at Messe Frankfurt, Keysight will occupy booth #C13 where they will showcase a variety of optical test innovations. These include the testing of photonic integrated circuits at wafer and die levels, minimizing timing jitter of single-photon detectors for quantum communication, and validating 800G linear optics using the AresOne platform.

Additionally, Keysight will demonstrate 224G optical receiver characterization and 448 Gbps optical research, showcasing their new Optical Reference Transmitter driven by the M8199B arbitrary waveform generator. The company's Electronics Photonics Design Automation (EPDA) will also be featured, providing an integrated environment for photonic integrated circuit (PIC) designers.

Armands Ostrovskis, a technical marketing engineer at Keysight, is slated to participate in several presentations during the conference, sharing insights on topics such as Silicon Photonics GeSi Electro Absorption Modulator for speeds beyond 300 Gb/s, and optical-amplification-free links at 212.5 Gbaud per lambda.

Keysight Technologies, a member of the S&P 500, is renowned for delivering advanced design, emulation, and test solutions across various markets including communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics. The company's offerings are designed to assist engineers in developing and deploying products faster and with reduced risk throughout the product lifecycle.

This news is based on a recent press release statement from Keysight Technologies.

In other recent news, Keysight Technologies announced the release of the InfiniiVision HD3 Series oscilloscope, a device designed to detect and address signal issues across various applications. This new oscilloscope is expected to assist engineers in bringing innovative technologies to fruition more rapidly and with less risk. Simultaneously, Deutsche Bank increased its price target for Keysight Technologies from $163 to $175, maintaining a Buy rating on the stock. This adjustment reflects a positive outlook on the company's future performance, based on recent quarterly communications.

Furthermore, Baird raised its price target for Keysight from $160 to $163, while Goldman Sachs maintained its Buy rating with a steady price target of $181. Susquehanna, however, lowered its price target to $185 from $195, despite maintaining a Positive rating. These adjustments by various firms reflect different interpretations of Keysight's recent performance and future prospects.

Keysight Technologies has also announced plans to expand its serviceable available market and pursue mergers and acquisitions. The company's recent Q3 performance surpassed expectations, with revenues of $1.2 billion and an earnings per share (EPS) of $1.57. These recent developments reflect Keysight's strategic positioning in the competitive technology market and its commitment to delivering value to its investors.

InvestingPro Insights

As Keysight Technologies (NYSE: KEYS) gears up to showcase its latest optical test innovations at the European Conference on Optical Communication, investors are keeping a keen eye on the company's financial health and market performance. According to real-time data from InvestingPro, Keysight has a market capitalization of $25.61 billion, reflecting its significant presence in the electronic design and test industry.

The company's P/E ratio stands at 28.29, which is adjusted to 28.13 when looking at the last twelve months as of Q3 2024. This valuation suggests that investors have high expectations for the company's earnings potential. Despite a revenue decline of 10.6% over the last twelve months, Keysight maintains a strong gross profit margin of 63.46%, indicating efficient cost management and a solid business model.

InvestingPro Tips highlight that while analysts anticipate a sales decline in the current year, Keysight's liquid assets exceed its short-term obligations, showcasing financial stability. Additionally, the company operates with a moderate level of debt, which could be a reassuring factor for risk-averse investors.

Keysight's stock has seen a strong return over the last month, with a price total return of 19.73%, signaling investor confidence in the company's direction and future prospects. This performance is particularly noteworthy given the broader market trends and could be indicative of the company's resilience and potential for growth.

For those interested in a deeper analysis, InvestingPro offers additional tips on Keysight Technologies, which can be accessed at https://www.investing.com/pro/KEYS. These insights provide valuable information for investors looking to make informed decisions about their investments in the tech sector.

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