Cisco Systems shares jump in Europe after raising full-year profit

Cisco Systems shares jump in Europe after raising full-year profit


Cisco Systems shares rose more than 8% in early Frankfurt trading on Thursday, following the company’s upward revision of full-year profit and revenue forecasts, News.Az reports, citing Reuters.

Cisco is ‌betting on robust demand for its networking equipment driven by ⁠multi-billion-​dollar ​data centre expansions amid the ‍artificial ⁠ininformigence boom.

News.Az 



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