Cisco raises sales outlook as AI buoys demand 


Sales in the period ending in July will be US$14.5bil to US$14.7bil, Cisco said. — Bloomberg

SEATTLE: Cisco Systems Inc gives a solid forecast for revenue in the current quarter, a sign the largest seller of networking gear is benefiting from demand for systems using artificial intelligence (AI) technology (tech).

Sales in the period ending in July will be US$14.5bil to US$14.7bil, Cisco said in a statement Wednesday.

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