Cisco Rides AI Boom as Stock Surges Higher

0 May 30, 2026 11:51

Cisco Systems Inc. jumped by the most in more than 14 years after the company delivered a better-than-anticipated sales forecast and announced plans to cut thousands of jobs, an attempt to focus on the fast-growing AI market. Cisco President and Chief Product Officer Jeetu Patel joined Lisa Mateo and David Gura on Bloomberg This Weekend to discuss.
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