NewsDialy
A wave of AI spending just produced record results at a major networking company.
That wave has a name in the industry: a "supercycle," meaning a period of demand strong enough to sustain elevated sales for years rather than a typical business cycle.
Cisco reported 18% revenue growth, attributed the gains to that force, and paired the results with a blowout forecast through 2027. The stock pulled back after the numbers landed.
What Cisco's results actually say Revenue growing 18% is notable for an established technology company.
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