AI Infrastructure Demand Drives Enterprise Hardware Market Growth

Cisco Systems (NASDAQ:CSCO) posted FY 2026 revenue of $63.3 billion, a 12% increase from the previous year, driven by AI infrastructure orders reaching $9.3 billion.

Arista Networks (NYSE:ANET), HPE, Dell, and Ciena are also reporting higher networking or AI infrastructure sales as data-center spending expands.

Cisco's Q4 revenue reached $17.3 billion, with GAAP EPS at $0.97 for the quarter and $3.33 for the full year.