Cisco Shares Jump 18% as Cloud Providers Increase AI Product Orders
Mirrored from The Information — AI for archival readability. Support the source by reading on the original site.
Cisco Systems reported revenue grew 12% to $15.8 billion in its April quarter compared to last year—up 2% from last quarter—and forecast 14% growth for its current quarter. On an earnings call, Cisco executives said the acceleration stems from major cloud providers ordering more networking ...
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