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Cisco sees an AI boost, but this was the real star of the show
News
Cisco sees an AI boost, but this was the real star of the show
August 14, 2024
Arthur Bleemer
Cisco Systems Inc. posted impressive fiscal fourth-quarter results Wednesday, and while company executives touted an AI boost, the real star of the show was its fat profit margins, driven by both a resurgence in enterprise orders and cost-cutting.
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