Cisco says AI infrastructure revenue will double this fiscal year, CNBC reports
CNBC reported that Cisco beat on earnings and said AI infrastructure revenue will double this fiscal year, and that the company is trying to become a bigger player in AI after missing early years of the boom.
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CNBC reported Nov 12, 21:20 UTC that Cisco beat on earnings and said AI infrastructure revenue will double this fiscal year. The report concerns Cisco and its sales outlook for AI infrastructure.
CNBC added that Cisco is trying to become a bigger player in AI after missing out on the early years of the boom. CNBC was the sole publisher listed for this headline.
Politics & Macro market context
As of Nov 12, 21:00 UTC the SPY ETF was $757.12 and fell 0.35% from the prior close; the UUP ETF was $29.42 and rose 0.24% from the prior close; the GLD ETF was $354.89 and fell 2.82% from the prior close; the USO ETF was $146.07 and rose 3.25% from the prior close. Finnhub.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| S&P 500 (via SPY ETF) | $757.12 | -0.35% | vs prior close | Nov 12, 21:00 UTC | Finnhub |
| US Dollar Index (via UUP ETF) | $29.42 | +0.24% | vs prior close | Nov 12, 21:00 UTC | Finnhub |
| Gold (via GLD ETF) | $354.89 | -2.82% | vs prior close | Nov 12, 21:00 UTC | Finnhub |
| WTI Crude Oil (via USO ETF) | $146.07 | +3.25% | vs prior close | Nov 12, 21:00 UTC | Finnhub |
Related coverage
Thestockmarketwatch.com published a piece titled “Tech Sector Drags on Major Indexes as Investors Await Key Inflation Data and Cisco Earnings.”
CoinDesk ran an opinion, “The next Congress will write rules for AI and emerging tech. They should use the stuff first.”
insurancejournal.com published “Marsh Says Fed Should Ease Up on Banks That Insure AI Loans.”
- Cisco beats on earnings, says AI infrastructure revenue will double this fiscal year — CNBC, Nov 12, 21:20 UTC
- Tech Sector Drags on Major Indexes as Investors Await Key Inflation Data and Cisco Earnings — thestockmarketwatch.com, Nov 11, 22:07 UTC
- CBN Digitalises Fiscal Data Collection Across 774 LGAs — leadership.ng, Nov 12, 05:30 UTC
- Marsh Says Fed Should Ease Up on Banks That Insure AI Loans — insurancejournal.com, Nov 12, 06:45 UTC
- The next Congress will write rules for AI and emerging tech. They should use the stuff first. — CoinDesk, Nov 12, 14:24 UTC
What to watch
The Producer Price Index is scheduled for Fri Nov 13, 13:30 UTC for the US, source: bls.
- Fri Nov 13, 13:30 UTC — Producer Price Index (US) (source)
Sources and data
- CNBC (secondary source) — Cisco beats on earnings, says AI infrastructure revenue will double this fiscal year
- thestockmarketwatch.com (secondary source) — Tech Sector Drags on Major Indexes as Investors Await Key Inflation Data and Cisco Earnings
- leadership.ng (secondary source) — CBN Digitalises Fiscal Data Collection Across 774 LGAs
- insurancejournal.com (secondary source) — Marsh Says Fed Should Ease Up on Banks That Insure AI Loans
- CoinDesk (secondary source) — The next Congress will write rules for AI and emerging tech. They should use the stuff first.
- Finnhub (market data) — market data
- U.S. Treasury and Federal Reserve Board via FRED (primary source) — Yields and dollar index
- U.S. Bureau of Labor Statistics (primary source) — calendar
- U.S. Energy Information Administration via FRED (primary source) — calendar
- Federal Reserve (primary source) — calendar
- Bank of England (primary source) — calendar
- European Central Bank (euro reference rates) (primary source) — calendar
Market data as of Nov 12, 21:00 UTC; report generated Nov 12, 22:00 UTC. All times are UTC. Each table row shows its own timestamp and provider.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.
Terms in this article
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Exchange-traded fund (ETF)
A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.
S&P 500
A float-adjusted, market-cap-weighted index of about 500 leading US companies selected by a committee at S&P Dow Jones Indices.
US Dollar Index (DXY)
An index of the US dollar's value against a basket of six currencies: the euro (the largest weight, about 58%), Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc.
Gold (XAU)
A precious metal held as a store of value, a hedge against currency debasement and a safe haven, as well as used in jewellery and industry.
Sources & data
- CNBC (secondary, retrieved Nov 12, 2026, 10:03 PM UTC)
- thestockmarketwatch.com (secondary, retrieved Nov 12, 2026, 10:03 PM UTC)
- leadership.ng (secondary, retrieved Nov 12, 2026, 10:03 PM UTC)
- insurancejournal.com (secondary, retrieved Nov 12, 2026, 10:03 PM UTC)
- CoinDesk (secondary, retrieved Nov 12, 2026, 10:03 PM UTC)
- Finnhub (market-data, retrieved Nov 12, 2026, 10:03 PM UTC)
- U.S. Treasury and Federal Reserve Board via FRED (primary, retrieved Nov 12, 2026, 10:03 PM UTC)
- U.S. Bureau of Labor Statistics (primary, retrieved Nov 12, 2026, 10:03 PM UTC)
- U.S. Energy Information Administration via FRED (primary, retrieved Nov 12, 2026, 10:03 PM UTC)
- Federal Reserve (primary, retrieved Nov 12, 2026, 10:03 PM UTC)
- Bank of England (primary, retrieved Nov 12, 2026, 10:03 PM UTC)
- European Central Bank (euro reference rates) (primary, retrieved Nov 12, 2026, 10:03 PM UTC)
Market data as of Nov 12, 2026, 09:00 PM UTC.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.
Ask about this story
Questions are answered only from this article and the sources it cites.
MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.
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