Cisco Systems Inc. gave some more details on the timing of revenue from its anticipated orders related to artificial intelligence, and it looks like the networking giant is going to be a late bloomer in AI.

On Wednesday, Cisco CSCO repeated comments from last quarter about a line of sight into $1 billion of orders related to products for building AI infrastructure for fiscal 2025. Cisco Chief Financial Officer Scott Herren told analysts on the company’s earnings call that he expects “the majority of that billion dollars in…

Master your money.

Subscribe to MarketWatch.

Get this article and all of MarketWatch.

Access from any device. Anywhere. Anytime.


Subscribe Now



Source link