Source: The Motley Fool News Agency
1 month ago•
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Cisco Raised Its AI Order Target to $9 Billion. Here's What Investors Need to Know.

Cisco Raised Its AI Order Target to $9 Billion. Here's What Investors Need to Know.

Cisco expects about $9 billion of AI infrastructure orders from hyperscalers in fiscal 2026, up from its earlier $5 billion forecast. The company expects to recognize about $4 billion of AI infrastructure revenue from hyperscalers in fiscal 2026, against total guided revenue of $62.8 billion to $63.0 billion.
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