Nvidia Corp., the top provider of chips used in new artificial intelligence computers, is extending a partnership with networking-gear maker Cisco Systems Inc. in a push aimed at making it easier for corporations to deploy AI systems.
Dell's dilemma is playing out for the largest U.S. server makers as they navigate the artificial intelligence boom.
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Hosted on MSNCisco Stock Gets A Price Target Hike At Citi On Nvidia's Strong Q4: Retail Stays Extremely BullishShares of Cisco Systems Inc. (CSCO) gained over 0.4% in after-market hours on Thursday after analysts at Citi raised their price target for the stock after Nvidia Corp.’s (NVDA) strong fourth-quarterperformance.
Nvidia will couple Cisco Silicon One technology with Nvidia SuperNICs as part of its Spectrum-X Ethernet networking platform, and Cisco will build systems that combine Nvidia Spectrum silicon with Cisco OS software.
The Nvidia Spectrum-X Ethernet networking platform integrates Cisco and Nvidia silicon to support enterprise AI workloads.
Nvidia and Cisco are intensifying their collaboration. The network specialist is now also contributing to Nvidia's Spectrum-X reference architecture.
Cisco Systems, Inc (NASDAQ:CSCO) announced plans for an expanded partnership with Nvidia Corp (NASDAQ:NVDA) to provide AI technology solutions to enterprises. Cisco will develop data center switches with the Nvidia Spectrum Ethernet platform.
For the full 2025 fiscal year, Nvidia generated total revenue of $130.5 billion, an increase of 114% compared to the prior year. The company also reported net income of $72.9 bill
Nvidia CEO Jensen Huang stated, "Together with Cisco's enterprise platforms and global reach, we can help companies worldwide build state-of-the-art NVIDIA infrastructure as they race to transform with AI.
Nvidia Corp, the unparalleled supplier of chips for artificial intelligence (AI) computing, is making broad moves to ease businesses' deployment of AI systems.
Citi analyst Atif Malik raised the firm’s price target on Cisco (CSCO) to $73 from $71 and keeps a Buy rating on the shares. Nvidia (NVDA) last
Cisco Systems Inc. today expanded its partnership with Nvidia Corp. to help enterprises accelerate AI projects by making it easier to deploy a combined solution to modernize their data center in preparation for artificial intelligence.
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