Business

Cisco CEO Forecasts Networking Supercycle

Updated 2026-05-14 14:35 UTC 1 source Positive

Cisco's CEO predicts a 'networking supercycle' driven by strong AI demand, leading to a 14% stock price increase. The company expects significant growth in AI infrastructure and hyperscaler orders for the fiscal year.

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CNBC
Shares headed for their best day in more than two decades after Cisco blew past its AI infrastructure and hyperscaler orders guidance for the fiscal year
2026-05-14 14:23 UTC
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