CNBC5/14/2026Tech
Cisco, Broadcom Shareholders Reap Rewards from AI-Driven Networking Demand
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Cisco's strong earnings, driven by rising AI data center demand, boost its stock 15% to a record high, with positive spillover effects on Broadcom, which sees a 5% increase, attributed to its robust AI networking business.
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Cisco's strong earnings, driven by rising AI data center demand, boost its stock 15% to a record high, with positive spillover effects on Broadcom, which sees a 5% increase, attributed to its robust AI networking business.
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This article was originally published by CNBC.
