💨 Abstract

Cisco Systems raised its annual revenue forecast, citing increased demand for cybersecurity, cloud systems, and AI-driven products as companies invest in AI technologies. This has led to a spike in demand for data centers, which use Cisco's products. The company now anticipates annual revenue of $55.3-$56.3 billion, up from its earlier forecast of $55.0-$56.2 billion.

Courtesy: theprint.in