Cisco

Cisco’s Share Price Climbs Amid Robust AI Gear Demand and Tariff Concerns

Cisco Systems (CSCO.O) saw its shares rise by 6.4% in premarket trading on Thursday after the company raised its annual revenue forecast, driven by strong demand for its cloud networking equipment. The company also addressed concerns about the potential impact of the latest U.S. tariffs. Demand for Cisco’s Ethernet switches and routers, which are used in data centers, has surged as businesses increase their investments in artificial intelligence infrastructure. “Cisco’s solid forecast is a positive sign that the company has