Cisco CEO Sees 'Networking Supercycle' Driven by AI Demand

Cisco CEO has stated that the tech industry is entering a 'networking supercycle,' fueled by strong demand for AI. This announcement led to a significant 14% stock increase for the company.

14 May, 14:23 — 14 May, 14:23

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cnbcMostly Factual88d ago

Cisco CEO says tech is entering a 'networking supercycle' as stock pops 14% on strong AI demand

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

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First report: seeking-alpha · 14 May, 10:07|Full coverage: 2 · 4h|Window: 4h

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seeking-alpha14 May, 10:07First to report

Grocery Outlet jumps after earnings beat, reaffirmed outlook

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cnbc14 May, 14:23Latest update

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Cisco CEO Sees 'Networking Supercycle' Driven by AI Demand

Sources

Cisco CEO says tech is entering a 'networking supercycle' as stock pops 14% on strong AI demand

Coverage Timeline

Grocery Outlet jumps after earnings beat, reaffirmed outlook

Cisco CEO says tech is entering a 'networking supercycle' as stock pops 14% on strong AI demand

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