Cisco raises annual revenue forecast on strong AI networking demand
Nov 12 : Cisco raised its full-year revenue forecast on Thursday, betting on strong demand for its AI networking equipment and cybersecurity tools.The company expects fiscal 2027 revenue in the range of $74.8 billion to $75.8 billion, compared with its previous forecast of $72.2 billion to $73.4 billion.
Cerebras lifts annual sales forecast on strong AI-linked demand, shares surge
Nov 12 : Cerebras Systems raised its annual revenue forecast on Thursday, buoyed by surging demand for AI computing capacity as it battles Nvidia and cloud giants, sending its shares nearly 18 per cent higher in extended trading.The AI boom has spurred demand for chips used to train models and power inference
Panasonic raises annual profit forecast 20%, sees strong AI demand
TOKYO, Oct 30 : Panasonic Holdings raised its full-year operating profit forecast by 20 per cent to 710 billion yen ($4.5 billion) on Friday, helped by a range of factors including stronger-than-expected AI-related demand.• The Japanese company lifted its group operating profit forecast for the year ending
Panasonic raises annual profit forecast 20%, sees strong AI demand
TOKYO, Oct 30 : Panasonic Holdings raised its full-year operating profit forecast by 20 per cent to 710 billion yen ($4.5 billion) on Friday, helped by a range of factors including stronger-than-expected AI-related demand.• The Japanese company lifted its group operating profit forecast for the year ending
last updated on 12 Nov 23:02