people · May 17, 2026
Cisco CEO Chuck Robbins Calls for Networking Supercycle Driven by AI Demand
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Cisco Chair and CEO Chuck Robbins stated on May 14, 2026, that skyrocketing demand for artificial intelligence tools and equipment is powering the industry toward a networking supercycle. The comments came during discussion of the company's quarterly earnings results and Silicon One strategy alongside the restructuring plan. Cisco stock rose more than 14% on the day of the earnings release reaching the 21st-largest U.S. company by market cap. Robbins noted very strong broad-based demand for the company's products in the latest quarter. The company booked $5.3 billion in AI infrastructure orders from hyperscalers this fiscal year with projections for at least $6 billion in fiscal 2027.
Spend governor blocked model creation: provider_circuit_open (lane=dev, provider=together)