Artificial intelligence (AI) stocks sold off last week on fresh worries about AI spending, with the Nasdaq Composite still up about 12% year-to-date. That left Ciena (NYSE: CIEN), a supplier of optical networking, and Astera Labs (NASDAQ: ALAB), a leader in AI connectivity, trading well below their 52-week highs. However, demand for their products continues to climb, with Ciena projecting that its addressable market will roughly double by 2029. Here's why both stocks are positioned to be long-term winners for patient investors. Image source: Getty Images.
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