Categories: Business

Cisco Systems shares rise in Europe after forecasts upgrade

(Reuters) -Cisco Systems shares were up over 8% in early Frankfurt trading on Thursday, after the company raised full-year forecasts for profit and revenue. Cisco is betting on robust demand for its networking equipment driven by multi-billion-dollar data centre expansions amid the artificial intelligence boom.  (Reporting by Danilo Masoni; Editing by Amanda Cooper)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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