Market News AIOpen the app

Cisco's CEO says U.S. AI data centers will still be built, even with political challenges.

ResultsRead the original at Benzinga
Good for CSCO

Cisco reported growing sales and profit per share, and expects $9 billion in fiscal 2027 AI infrastructure sales. Political resistance and power needs could slow projects, but its CEO said demand has not moved abroad.

CSCO · Cisco Systems Inc.

AI read · Good for CSCO

The AI's read

More AI data centers could create more demand for Cisco's networking and infrastructure products. Political resistance and the need for enough electricity could slow projects. Still, Robbins said demand has not moved abroad, and Cisco sees little risk from shortages of building resources. That leaves the sales growth and larger AI sales target as the stronger signs.

Get alerts for CSCO

Follow Cisco Systems Inc. (CSCO) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for CSCO
Free on the App Store and Google Play, or on the web.