Cisco Rises on AI Demand as CoreWeave Stock Plummets 21%
The market showed a split verdict on AI firms Aug. 13, rewarding Cisco for over $800 million in AI orders while punishing CoreWeave
Cisco's Infrastructure Win
Cisco Systems reported quarterly earnings and revenue on Aug. 13, 2025, that surpassed analyst estimates. According to a Dow Jones report, the networking giant's performance was bolstered by more than $800 million in orders for AI infrastructure. The strong results indicate robust enterprise spending on the foundational hardware required to run AI workloads.
The positive report from Cisco provides a concrete data point showing that corporate investment in AI is translating into significant revenue for established technology vendors. It positions the company as a key beneficiary of the ongoing AI build-out.
CoreWeave's Growth Stumbles
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