Cisco raises annual revenue forecast as AI boom boosts networking gear demand

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Cisco raises annual revenue forecast as AI boom boosts networking gear demand

For Immediate Release
2025-02-13 00:00:00

Cisco Systems CSCO-Q raised its annual revenue forecast on Wednesday, betting on higher demand for its cloud networking gear amid an artificial intelligence boom, sending its shares up nearly 7 per cent in extended trading.

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Article Source
https://www.theglobeandmail.com/business/international-business/article-cisco-raises-annual-revenue-forecast-as-ai-boom-boosts-networking-gear/

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