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Cisco projects $7.5 billion in AI data center sales, disappointing investors

Aug 13, 2026

AI Summary

Cisco Systems Inc. has forecasted $7.5 billion in AI data center sales for the fiscal year, which has led to a decline in its stock price as investors expected higher figures. CEO Chuck Robbins defended the guidance as a prudent approach.

Cisco Systems Inc. projected $7.5 billion in AI data center sales for the current fiscal year.
The forecast has disappointed investors, resulting in a drop in the company's stock price.
CEO Chuck Robbins characterized the guidance as good and prudent.

ciscoai salesinvestorsdata centerfinancial forecast

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