Cisco Systems reported stronger-than-expected fiscal fourth-quarter results, buoyed by surging demand for networking gear tied to artificial-intelligence build-outs. Revenue rose 8% from a year earlier to $14.67 billion, topping the $14.62 billion average analyst estimate, while adjusted earnings edged up to $0.99 a share. Net income climbed 31% to $2.8 billion and non-GAAP gross margin reached 68.4%. Chief Executive Officer Chuck Robbins said AI infrastructure orders from web-scale customers exceeded $800 million in the quarter, bringing the fiscal-year total to more than $2 billion—twice the company’s original target. Product revenue advanced 12% to $10.9 billion, service revenue was $3.8 billion, and remaining performance obligations grew to $43.5 billion. For the current quarter, Cisco expects revenue of $14.65 billion to $14.85 billion and adjusted earnings of $0.97 to $0.99 a share, both slightly ahead of Wall Street projections. The company forecast full-year fiscal 2026 revenue of $59 billion to $60 billion and earnings of $4.00 to $4.06 a share, citing continued investment by cloud providers and enterprises preparing networks for AI workloads.