Cisco Posts Its Fastest Growth in 15 Years and Raises Its Outlook, Then Sinks 6% as a 250-Basis-Point Margin Squeeze Shows the Hidden Cost of AI Hardware
Cisco beat on revenue and earnings, raised its fiscal 2027 outlook and lifted its hyperscaler AI target to $9 billion, yet the stock fell 6.24% as gross margin dropped 250 basis points on lower-margin AI hardware and memory costs. Here is what the reaction tells investors about the AI trade.
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