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Posted by
Two Blokes May 14 -
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Cisco Systems Inc (NASDAQ:CSCO, ETR:CIS) topped Wall Street estimates for quarterly revenue and earnings and raised its annual forecast on Tuesday, signaling that demand for its networking equipment is picking up amid rising investment in artificial intelligence infrastructure. The company posted revenue of $14.15 billion in its fiscal third quarter, up 11% from a year earlier and ahead of the $14.05 billion expected by analysts.
