Infinera added to SOX index

Infinera has been added to the 30 company semiconductor index, PHLX Semiconductor (SOX)

https://indexes.nasdaqomx.com/Index/Weighting/SOX

Infinera joins the ranks of semiconductor companies like Analog Devices, Applied Materials, ARM Holdings, Avago, Cypress, Intel, Marvell, Micron, Microsemi, Nvidia, NXP Semiconductors, Qorvo, Qualcomm, Sandisk, Skyworks, SunEdison, Taiwan Semiconductors, Teradyne and Texas Instruments.

If you had the same reaction as me, you’ll notice no mention of Cisco, Ciena, Alcatel-Lucent or any of Infinera’s other peers in this index. If I had to take a guess I would say they got into this group because they own their own foundry to manufacture optical components. An technicality you might say, but largely underappreciated and equally overlooked.

Best,
–Kevin

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