Cisco raises AI infrastructure revenue outlook and records $18.5 billion in Q1 revenue
CSCO Cisco Systems Inc
$95.64 -6.24%
View chart & analysis → - 1Cisco forecasts AI infrastructure revenue of $9 billion for this fiscal year.
- 2Cisco recorded $18.5 billion in revenue for the first fiscal quarter.
- 3Cisco achieved a revenue growth rate of 24% in the first fiscal quarter.
So what's the key point?
Cisco has raised its revenue expectations for artificial intelligence equipment. The company showed growth by recording $18.5 billion in revenue this quarter.
Source The Motley Fool +1 · View original ↗
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