FTNT is trading at $106.34, up 18.2% in after-hours trading following the announcement of expanded FortiGate G series firewalls designed for AI-driven enterprise workloads.
- The company introduced the FortiGate 3500G and FortiGate 400G models, featuring custom NP7 and SP5 processors optimized for encrypted traffic and hybrid security.
- This product expansion addresses growing corporate demand for security solutions that can handle the high-performance requirements of AI-integrated environments.
- The move has resonated strongly with investors as the broader tech sector continues to rally on robust demand for AI-ready infrastructure.