Cisco raises annual revenue forecast as AI boom boosts networking gear demand
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Cisco Systems CSCO-Q raised its annual revenue forecast on Wednesday, betting on higher demand for its cloud networking gear amid an artificial intelligence boom, sending its shares up nearly 7 per cent in extended trading.
Corporate customers have been investing heavily to build their AI…
This story appeared on theglobeandmail.com, 2025-02-13 00:00:09.