(Bloomberg) — Cisco Systems Inc., the largest maker of machines that run computer networks and the internet, gave a lukewarm forecast for the current fiscal year, disappointing investors who hoped for a boost from massive AI data center projects. Sales will be between $59 billion and $60 billion in the fiscal year that runs through July 2026, the company said in a statement Wednesday. At the midpoint, that’s roughly in line with the average Wall Street estimate of $59.5 billion, according to data compiled by Bloomberg. Some analysts, though, we’re looking for more than $61 billion. Like many peers, Cisco is working to benefit from booming artificial intelligence spending. The market is becoming increasingly competitive: Companies like Broadcom Inc. and Hewlett Packard Enterprise, which last month completed its acquisition of Juniper Networks, look to serve the same markets. To spread Cisco’s bets, Chief Executive Officer Chuck Robbins has bolstered the company’s security and monitoring software by acquiring Splunk Inc. for $28 billion in 2024. The shares fell in late trading after the report was released. Cisco had been up 19% this year through the close. In the fiscal fourth quarter, which ended July 26, revenue rose 7.6% to $14.7 billion. Profit was 99 cents a share, excluding some items. That compares with estimates of $14.6 billion for sales and 98 cents a share for earnings. AI infrastructure orders from large cloud providers were over $800 million in the quarter, the company said. That’s an increase from $600 million in the prior quarter. Cisco has inked partnerships with Saudi Arabia’s AI company, Humain, and has said it will play a role in the Stargate project in the United Arab Emirates. These orders indicate “a massive opportunity ahead as we lead the required architectural shift and build the critical infrastructure needed for the AI era,” Robbins said in the statement. More stories like this are available on bloomberg.com ©2025 Bloomberg L.P. in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. Follow these steps: 1. **Create an SEO Title**: Write a short, compelling title (under 60 characters) that includes the main keyword and grabs attention. 2. **Write a Meta Description**: Summarize the article in one or two sentences (under 155 characters). Make it engaging and include the primary keyword naturally. 3. **Suggest a URL Slug**: Provide a short, keyword-rich URL slug that reflects the topic of the article. 4. **Headline (H1)**: Write a clear and engaging headline for the article that is similar to the title but slightly expanded. 5. **Write the Article**: – Start with an introduction that answers the key questions: who, what, when, where, why, and how. – Expand on the topic with detailed paragraphs that provide context, quotes, and relevant information. – Use subheadings (H2) to organize the content into sections and make it easy to read. – Include related keywords naturally throughout the article. – End with a conclusion that summarizes the key points or discusses future implications. 6. **Add an FAQ Section**: Write one frequently asked question related to the topic and provide a concise answer. Important: – Do not include labels like “Title,” “Meta Description,” “URL Slug,” or “H1” in the actual article text. – Keep all SEO elements separate from the main content. – Ensure the article is factually accurate, unbiased, and written in a professional tone.
Cisco Provides Tepid Forecast as Investors Seek AI-Driven Growth
