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Cisco stock surges 15% as AI orders soar and jobs get cut

7h

For most of the AI boom, Cisco watched from the margins. While data center companies and chipmakers captured the bulk of investor enthusiasm, Cisco trailed its peers and spent much of the past two years making a case that its moment was coming. Today, it arrived. Cisco reported third-quarter results that topped Wall Street estimates […]

The postCisco stock surges 15% as AI orders soar and jobs get cutappeared first onRolling Out.

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