"Cisco's CEO Chuck Robbins celebrates early AI wins and record-breaking year"

Cisco Systems reported better-than-expected fiscal fourth quarter results, with CEO Chuck Robbins highlighting the company's diverse book of business and easing supply chain challenges. Robbins also mentioned that Cisco is seeing early wins in the field of artificial intelligence (AI), particularly in next-generation ethernet connectivity. He expects the real move to this new technology to happen in fiscal 2025, and believes that the opportunity in AI over the next several years could be three times that of the original cloud buildout.