Cisco Partners with Nvidia for Secure AI Factory Platform
Cisco Systems has announced a strategic partnership with Nvidia to provide the full-stack Secure AI Factory platform for Palantir Technologies' Sovereign AI OS.
The collaboration will focus on cybersecurity and deploying Nvidia's Nemotron open models, as stated in Cisco Blogs. This move comes after Cisco President and Chief Product Officer Jeetu Patel made the announcement.
Cisco stock has reacted positively to the news, trading at $109.43. 68 out of 104 analysts rate Cisco a buy, with a median price target of $130, about 18.7% above current levels.
The recent move continues to align with a broader bullish chart structure, though the day's reaction has been muted within a contained range. A close above $110.37 would indicate buyers are prepared to extend the current move.