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Cisco Systems Inc. is experiencing a significant uptick in product orders, particularly attributed to its advancements in artificial intelligence (AI). The company's CEO, Chuck Robbins, announced during the Q1 2025 earnings call that Cisco is on track to secure over $1 billion in AI-related orders during its fiscal year 2025. Additionally, Cisco is set to begin shipping its new AI server next month, which is part of its strategy to enhance its offerings in the AI market. In a bid to strengthen its position, Cisco has also formed a partnership with Nvidia to develop AI servers, a move that analysts believe could challenge competitors like Dell and potentially boost Cisco's stock performance.
.@Cisco CEO @ChuckRobbins predicts more than $1 billion in AI infrastructure orders coming over the current fiscal year. @WhoStu reveals how sources of revenue growth are shifting, but the AI future looks bright. https://t.co/48F0s2IzN8 https://t.co/nhPtnWvQvs
Tech giant Cisco announces partnership with Nvidia to develop AI servers, a move seen as a challenge to Dell in the market. Analysts suggest this collaboration could lead to a potential boost in Cisco's stock. #Cisco #Nvidia #AI #servers #partnership $NVDA
Cisco is on track to garner $1 billion in AI orders during its fiscal 2025 year, @Cisco’s CEO @ChuckRobbins said during the company’s Q1 2025 earnings call on Wednesday evening. $CSCO https://t.co/c3J6uJRPSU