Cisco raises AI outlook as infrastructure demand accelerates

Cisco Systems Inc. CFO Mark Patterson told Yahoo Finance that the company expects FY2027 AI infrastructure revenue to reach $7.5 billion, citing accelerating demand for AI infrastructure. The updated outlook reflects Cisco's confidence in continued growth in its AI-related business.

Yahoo Finance Executive Editor Brian Sozzi welcomes Cisco CSCO https://finance.yahoo.com/quote/CSCO/ CFO Mark Patterson to discuss the company's latest earnings, investor concerns, and Cisco's updated full-year AI outlook. Cisco is forecasting continued strength in AI infrastructure demand, with FY2027 AI infrastructure revenue expected to reach $7.5 billion.