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Cisco beats earnings expectations as AI spurs networking gear demand

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Cisco Systems forecast quarterly revenue and profit above Wall Street estimates after posting upbeat first-quarter results, helped by improving demand for its networking gear amid the AI boom.Shares …

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Cisco raises annual revenue forecast

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Cisco Systems raised annual revenue forecast on Wednesday, a sign of improving demand as the computer networking equipment maker shifts focus to cybersecurity, cloud systems and AI-driven products.

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