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    Home ยป Opinion: Cisco could be a latecomer to big AI revenues
    Financial Market

    Opinion: Cisco could be a latecomer to big AI revenues

    ZEMS BLOGBy ZEMS BLOGFebruary 15, 2024No Comments1 Min Read
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    Cisco Systems Inc. introduced A few more details on the timing of revenue from its expected AI-related orders, and it appears that the networking giant will be a late-stage AI mover.

    On Wednesday, Cisco CSCO reiterated its comments from last quarter about the horizon in $1 billion in orders related to products to build AI infrastructure for fiscal 2025. Scott Herren, Cisco's chief financial officer, told analysts on the company's earnings call that he expects a “majority” of Those billions of dollars…

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