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Stock impact report

Why Cisco Stock Inched Higher on Wednesday [Yahoo! Finance]

Cisco Systems, Inc. (CSCO) 
Last cisco systems, inc. earnings: 2/12 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
It's teaming up with AMD and Saudi AI developer Humain in the effort. 10 stocks we like better than Cisco Systems › Cisco Systems (NASDAQ: CSCO) is gearing up to be part of an international consortium building out artificial intelligence (AI) infrastructure, and investors cheered the news. The veteran networking equipment company's shares rose by over 1% that day, a rate that was sufficient to outperform the S&P 500 index's 0.4% improvement. New AI partnership in the works Cisco is to be part of a joint venture with chip company AMD and Saudi Arabia-based AI developer Humain that will deploy AI infrastructure in the Middle Eastern country. The operations of this business should begin in 2026, Cisco wrote in a press release. Image source: Getty Images. This as-yet-unnamed enterprise will see the company's hardware, as well as that of AMD, deployed in Human's data centers in an effort to further the growth of AI. The goal is to develop 1 gigawatt of AI infrastructure by 203 Show less Read more
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