Cisco’s AI-Driven Forecast Boost Ignites 7% Stock Surge
Cisco Systems shares leapt 7.22% in premarket trading after revising annual projections upward, fueled by $2 billion in AI infrastructure orders for fiscal 2025. Hyperscalers accounted for nearly all commitments, including $1.3 billion booked in the October quarter alone.
The networking giant now anticipates $60.2-$61 billion in fiscal 2026 revenue, up from prior guidance of $59-$60 billion. CEO Chuck Robbins projects $3 billion in AI-specific revenue for that period, underscoring accelerating demand for data center networking solutions.
As cloud providers aggressively expand capacity, Cisco's position as a key infrastructure supplier continues strengthening. The market response reflects growing investor confidence in traditional tech firms capturing AI-related tailwinds.
