Cisco, AI
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Cisco crushed estimates and raised guidance. The dot-com recovery is officially old news.
Following a strong earnings report, Cisco Systems has announced that it will be laying off nearly 4,000 employees, looking to shift towards AI. The technology conglomerate will join multiple big tech names that have been adopting AI into their infrastructure and restructuring around it.
Six major Wall Street firms hiked their price targets on Cisco Systems (NASDAQ:CSCO | CSCO Price Prediction) on May 14, following a blowout fiscal Q3 2026 report that sent shares surging roughly 19% after the close.
Cisco Systems, Inc. (NASDAQ:CSCO) was among Jim Cramer’s stock calls on Mad Money as he discussed how semiconductor and AI infrastructure stocks are driving the market higher.
New G300-powered Cisco (CSCO) N9000 and 8000 systems, advanced optics and management upgrades deliver hyperscale-level performance, reliability and efficiency for all AI network builders. AMSTERDAM, Feb. 10, 2026 /PRNewswire/ -- CISCO LIVE EMEA-- Cisco ...
Cisco stock could be a big artificial intelligence winner. The former internet darling showed off its AI credentials with surging orders in its fiscal third-quarter earnings report late Wednesday. The stock was surging 15% to $116.