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Cisco's stock drops despite earnings, revenue beat

CNBCView source article

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Cisco forecasts $7.5 billion in AI data center sales for fiscal year

Cisco projected $7.5 billion in AI data center sales this fiscal year and raised its full-year revenue outlook, though the guidance disappointed some investors who expected higher figures given the AI boom.

Aug 12, 2026·5 sourcesAI Data Center Gold RushCompute, chips & AI infrastructure
Cisco forecasts $7.5 billion in AI data center sales for fiscal year
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Other sources for this story

CNBC

Cisco shares slide 9% despite earnings beat and stronger-than-expected guidance

Bloomberg

Cisco's Forecast for AI Data Center Sales Disappoints Investors

Reuters

Cisco forecasts annual revenue above estimates on sustained AI spending | Reuters

Bloomberg

Cisco Raises Sales Outlook on Record AI Data Center Demand