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Cisco Systems, Inc. (CSCO) Shares Rise as AI Infrastructure Orders Drive Record Q2 Results
Cisco Systems, Inc. (CSCO) shares increased by 0.65% after reporting strong second-quarter fiscal 2026 results that surpassed revenue and earnings estimates, reaching a new 52-week high. The company’s growth is largely fueled by accelerated demand for artificial intelligence (AI) infrastructure and the successful integration of its Splunk acquisition. Cisco reported record quarterly revenue of $15.1 billion, non-GAAP EPS of $1.02, and significant AI infrastructure orders totaling $1.3 billion from webscale customers.