Cisco raises annual revenue forecast on strong AI networking demand
Nov 12 : Cisco raised its full-year revenue forecast on Thursday, betting on strong demand for its AI networking equipment and cybersecurity tools.The company expects fiscal 2027 revenue in the range of $74.8 billion to $75.8 billion, compared with its previous forecast of $72.2 billion to $73.4 billion.
Cisco lifts annual revenue forecast on strong AI networking demand
Nov 12 : Cisco beat Wall Street estimates for first-quarter results and raised its annual revenue forecast on Thursday, as the network-gear maker benefits from strong demand from companies building out their AI infrastructure.The company has doubled down on its AI efforts by making strategic investments as Bi
Applied Materials forecasts quarterly revenue above estimates on strong AI chip demand
Nov 12 : Applied Materials forecast first-quarter revenue above Wall Street expectations on Thursday, betting that strong demand for advanced AI chips will continue to fuel spending on its semiconductor manufacturing equipment.Shares of the Santa Clara, California-based company were up 3 per cent in extended
Applied Materials forecasts quarterly revenue above estimates on strong AI chip demand
Nov 12 : Applied Materials forecast first-quarter revenue above Wall Street expectations on Thursday, betting that strong demand for advanced AI chips will continue to fuel spending on its semiconductor manufacturing equipment.The company forecast quarterly revenue of around $11.10 billion, plus or minus $500
last updated on 12 Nov 23:35