By Simply Wall St
Publication Date: 2026-05-13 16:10:00
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Cisco Systems (NasdaqGS:CSCO) has joined a new multi source agreement to set open standards for expanded beam optical connectivity in AI data centers.
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The alliance includes Meta, AMD, Arista Networks, Oracle, and others focused on interoperable connector technology for AI infrastructure.
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The group aims to reduce deployment hurdles and improve reliability in rapidly scaling AI data center networks.
Cisco Systems enters this standards effort with a recent share price of $99.29 and strong recent stock performance, including a 30.6% return year to date and 64.4% over the past year. Returns of 20.8% over the past 30 days and 129.9% over three years indicate that investors have recently been assigning meaningful value to Cisco’s role in networking and AI related infrastructure.
For readers watching AI data center build outs, Cisco’s…