Cisco Systems: Record revenue driven by network supercycle – Hyperscaler orders grow threefold

Cisco Systems benefits from a multi-year "network supercycle." Hyperscaler orders for AI infrastructure rise to USD 9.3 billion. AI revenues are expected to almost double to USD 7.5 billion by fiscal year 2027. Following a record revenue in Q4 and a robust supply chain, management raises the annual forecast.   Cisco Systems (CSCO) is increasingly benefiting from a multi-year, multi-billion-dollar "network supercycle," triggered by the proliferation of agent-based AI. CEO Charles Robbins points to "the highest revenue, the highest...