Cisco Sees AI Sales Picking Up But Sticks to Cautious Outlook

Cisco Systems Inc., the largest maker of machines that run computer networks and the internet, gave a cautious forecast for the current fiscal year, even as sales from artificial intelligence projects begin to pick up.

Revenue will range from $59 billion to $60 billion in the fiscal year that runs through July 2026, the company said in a statement Wednesday. That’s in line with the average Wall Street estimate of $59.5 billion, though some analysts were looking for more than $61 billion.

Cisco CEO Chuck Robbins looks to capitalize on AI spending.

Photographer: Al Drago/Bloomberg

The guidance assumes that current tariffs remain in place through the end of 2026, Chief Financial ...