Tagged By cisco

Cisco raises sales outlook as AI buoys demand

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Cisco Systems Inc gives a solid forecast for revenue in the current quarter, a sign the largest seller of networking gear is benefiting from demand for systems using artificial intelligence (AI) …

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Cisco clocks big AI surge

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Cisco’s $28 billion Splunk acquisition also boosted the vendor’s security business, which posted a 54-percent year-over-year increase in sales. CFO Scott Herren added that the vendor also saw a boost …

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