Business

Cisco Shares Plunge Despite Strong Earnings and Guidance

Updated 2026-08-13 18:25 UTC 1 source Negative

Despite strong earnings and positive guidance, Cisco's shares fell 9% as investors were disappointed with the company’s performance. The tech giant is seeing booming demand for AI infrastructure.

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CNBC

Cisco shares slide 9% despite earnings beat and stronger-than-expected guidance

Cisco is showing booming demand for AI infrastructure, but its results weren't good enough to satisfy investors.

2026-08-13 18:17 UTC