Cisco Stock Slips as Nvidia Overtakes It in Data Center Switching for the First Time
Cisco Systems faces competitive pressure as Nvidia surpasses it in data center Ethernet switching revenue. Despite this, Cisco's stock has performed well, with strategic AI infrastructure partnerships underway.
Cisco Systems shares fell 1.16% to $119.74 on Thursday, dipping further in pre-market trading to $119.13, as the networking giant continued navigating a notable shift in the competitive landscape of … [+6183 chars]