Fortune Tech: Cisco stock soars, SoftBank sniffs Cerebras, Altman’s investments | Fortune

Fortune Tech: Cisco stock soars, SoftBank sniffs Cerebras, Altman’s investments | Fortune

By Andrew Nusca
Publication Date: 2026-05-14 10:48:00

Good morning. Stoked to share that the self-replicating pop star known as Grimes will join us at the fast-approaching Fortune Brainstorm Tech, June 8 to 10, on the campus of the Aspen Institute.

I’ll be interviewing her alongside Warner Music Group CEO Robert Kyncl, whom longtime tech folk will remember from his stints at YouTube and Netflix.

I’ll be frank: This year’s agenda is simply amazing. Register to join us before it’s too late. —Andrew Nusca

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Cisco shares soar almost 20% as AI infrastructure orders jump

Cisco CEO Chuck Robbins, interviewed by Fortune’s Andrew Nusca, at Fortune Brainstorm Tech 2016 in Aspen, Colo. 

Stuart Isett/Fortune

Big Tech stocks aren’t known for their big swings. (It kinda comes with the “big” territory.)

But Cisco—Cisco!—just recorded one for the ages. Its shares jumped upwards of 19% to $122 in after-hours trading Wednesday after the San Jose…