Cisco raises forecast as AI infrastructure orders jump

Cisco is today’s key AI infrastructure story after raising its annual revenue outlook and pointing to stronger hyperscaler demand. The company now expects AI infrastructure orders from hyperscalers to reach around $9 billion in fiscal 2026, up from its earlier $5 billion target. Networking product orders rose more than 50%, while data-centre switching orders rose more than 40%.

Winners

AI networking and data-centre switching

This group could benefit because AI clusters need huge amounts of data to move quickly between GPUs, servers and storage systems. That makes high-speed networking, switching and routing more important. $CSCO is the direct winner because the news validates its AI infrastructure push. $ANET could benefit as a leading AI data-centre netw ...