Cisco raised its AI infrastructure revenue forecast from hyperscaler customers to $9 billion for this fiscal year. That would be more than double the figure in fiscal 2026.
Cisco announced the higher expectation alongside its fiscal first-quarter results. The networking equipment maker reported total revenue of $18.5 billion, up 24% from a year earlier.
Cisco is seeking a larger role in the AI infrastructure buildout after missing the early years of the generative AI boom. Chief executive Chuck Robbins said organisations were turning to Cisco for help scaling and managing their environments for AI agents.
For companies building with AI, the forecast signals Cisco's expectations for spending by the largest cloud providers. It is not evidence that the projected sales have happened or that additional infrastructure is already available.
The forecast offers a signal of expected hyperscaler infrastructure demand, but does not establish completed spending.
Cisco's push gives builders a reason to watch networking infrastructure alongside AI models and chips.
Whether the projected growth translates into deployed capacity remains unproven.
Written automatically by the Made in 10 Newsroom from the source above.
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