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flag Cisco raises revenue forecast, sees 9% jump in Q2 sales, fueled by AI demand, shares up 7%.

flag Cisco Systems raised its annual revenue forecast due to increased demand for networking equipment from the growing AI sector. flag The company reported a 9% year-over-year increase in Q2 revenue to $13.99 billion, beating estimates. flag This growth, driven by corporate investment in AI infrastructure and data centers, led to a positive market reaction, with shares rising nearly 7% in after-hours trading.

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