Cisco Sees Explosive Growth in AI Infrastructure Adoption

Cisco Systems (NASDAQ: CSCO) has reported record revenue of $63.3 billion for fiscal 2026, up 12% year over year, with non-GAAP EPS rising 14% to $4.33.

The networking giant attributes the growth to AI infrastructure adoption, with hyperscaler AI infrastructure orders reaching $9.3 billion in 2026, a 4.5-fold increase from 2025. Enterprise customers are also increasing spending on private data center networks for AI workloads.

Cisco's Chairman and CEO Chuck Robbins believes the accelerating adoption of agentic AI is fueling a networking super cycle, driven by the significant amount of traffic generated when AI clusters span facilities. The company estimates AI-based scale-across traffic can be roughly 14 times that of traditional data center interconnect.