Nov 12 : Cisco raised its annual revenue forecast on Thursday, betting on strong demand for its AI networking equipment and cybersecurity tools.The company, which has doubled down on its AI efforts by making strategic investments in silicon and optics, is benefiting as Big Tech's massive spending has moved
According to ChainCatcher, Cisco (CSCO.O) has raised its revenue and adjusted EPS guidance for fiscal year 2027, and increased its revenue forecast for AI infrastructure from hyperscale cloud providers to $9 billion for fiscal year 2027.