Pivotal Point Tracking Cisco (CSCO): AI Infrastructure Boom Drives 35% Increase in Orders and Revenue Forecast Raised to Up to $63 Billion

Cisco Systems develops hardware and software solutions for internet networks. The company is massively benefiting from the global expansion of data centers driven by the AI era. On May 14, the stock reacted with a price jump to the quarterly results for Q3 2026 that were published the night before. Cisco reported a record revenue of $15.8 billion (+12% year-over-year) and surpassed expectations with an adjusted earnings per share of $1.06. Product orders surged by 35%. For the full year, the company is now forecasting revenue of $62.8 to $63.0 billion....