Cisco raises annual revenue forecast on strong AI networking demand
FROM THE WIRE · REUTERS.COM
Cisco raised its full-year revenue forecast on Thursday, betting on strong demand for its AI networking equipment and cybersecurity tools.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA guidance raise from a large tech company can support the stock and the networking sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Cisco raised its full-year revenue forecast on Thursday.
- 02The company is betting on strong demand for AI networking equipment.
- 03It is also betting on demand for cybersecurity tools.
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