Cisco earnings showcase AI momentum, and the stock is rising - MarketWatch
1. Cisco's Q3 revenue rose 11% to $14.1 billion, exceeding expectations. 2. Adjusted earnings for Q3 increased by 9% to 96 cents per share. 3. AI infrastructure orders surpassed $600 million, exceeding the $1 billion goal early. 4. Cisco anticipates revenue between $14.5 and $14.7 billion for the next quarter. 5. A new chip prototype could revolutionize quantum computing timelines.