ChipsThe story, in brief
Cisco Shares Jump 18% as Cloud Providers Increase AI Product Orders
18%. That's how much Cisco's stock jumped after cloud providers started flooding them with AI infrastructure orders.
The KeyNews take
Why it matters
Cloud providers are materially accelerating their AI infrastructure capex, and Cisco's networking revenue surge signals a major shift in demand for AI-optimized data center connectivity—a critical but often-overlooked lever in the broader AI buildout.
The key facts
6 to knowCisco revenue grew 12% YoY to $15.8B in Q4 2026
Sequential growth of 2% quarter-over-quarter
Stock jumped 18% on earnings announcement
Company forecasting 14% growth for current quarter
Cloud providers driving orders for AI networking products
Acceleration driven by major cloud provider capex
Go to the source
The Informationtheinformation.com
Publisher excerpt: Cisco Systems reported revenue grew 12% to $15.8 billion in its April quarter compared to last year—up 2% from last quarter—and forecast 14% growth for its current quarter. On an earnings call, Cisco executives said the acceleration stems from major cloud providers ordering more networking ...