思科公司周四公布的第一季度业绩超过了华尔街预期，并上调了全年营收预测，这家网络设备制造商押注于企业构建人工智能基础设施将保持强劲需求。
beat Wall Street estimates for first-quarter results and raised its annual revenue forecast on Thursday, as the network-gear maker bets on sustained strong demand from companies building out their AI infrastructure.
随着大型科技公司的巨额支出从人工智能处理器扩展到连接大型数据中心系统所需的交换机和路由器，思科通过战略投资加大了在人工智能领域的布局。
The company has doubled down on its AI efforts through strategic investments as Big Tech's massive spending moves beyond AI processors to the switches and routers required to connect large data-center systems.
思科预计2027财年营收将在748亿美元至758亿美元之间，高于此前预测的722亿美元至734亿美元。
Cisco expects fiscal 2027 revenue in the range of $74.8 billion to $75.8 billion, compared with its previous forecast of $72.2 billion to $73.4 billion.
首席执行官查克·罗宾斯在声明中表示：“我们正处于一个多年网络超级周期的非常早期阶段。”
"We are in the very early stages of a multi-year networking supercycle," CEO Chuck Robbins said in a statement.
该公司将2027财年来自超大规模数据中心运营商的人工智能基础设施营收预测从75亿美元上调至90亿美元。该业务板块一年前产生了40亿美元营收。
The company raised its fiscal 2027 forecast for AI infrastructure revenue from hyperscalers to $9 billion from $7.5 billion. The segment generated revenue of $4 billion a year earlier.
投资者一直担心，在美国中期选举中民主党大获全胜、借贷成本上升及其对债务驱动建设的影响，可能导致数据中心建设放缓。
Investors have been worried about a possible slowdown in data-center buildout following Democrats' sweeping win in the US midterms, as well as rising borrowing costs and their impact on the debt-fueled construction.
根据LSEG汇编的数据，思科第一季度营收为185亿美元，高于分析师平均预期的181.4亿美元。
Cisco reported first-quarter revenue of $18.5 billion, compared with analysts' average estimate of $18.14 billion, according to data compiled by LSEG.
截至10月24日的季度，该公司调整后每股收益为1.40美元，高于预期的1.33美元。
The company reported an adjusted profit of $1.40 per share for the quarter ended October 24, above estimates of $1.33.
思科还在构建软件工具，企业可利用这些工具建立自己的机器人大军——即人工智能代理，以保护其IT基础设施免受网络安全威胁。
Cisco is also building software tools that businesses can use to build their own armies of bots, known as AI agents, to protect their IT infrastructure against cybersecurity threats.
这家总部位于加利福尼亚州圣何塞的公司股价在波动的盘后交易中持平。截至周四收盘，其股价今年以来已上涨约32%。
Shares of the San Jose, California-based company were flat in volatile extended trading. They have risen about 32% so far this year through Thursday's close.
思科的毛利率一直是投资者担忧的焦点，因为内存芯片短缺推高了硬件制造商的元件成本，而供应商优先供应给人工智能数据中心客户。
Cisco's gross margin has been a worry for investors, as a shortage of memory chips has pushed up component costs for hardware makers while suppliers prioritize chips for AI data-center customers.
“考虑到内存和元器件成本上升，毛利率小幅下滑并非重大担忧，”TECHnalysis Research 总裁兼首席分析师 Bob O’Donnell 表示。
"A small dip in gross margin is not a major concern given higher memory and component costs," said Bob O'Donnell, president and chief analyst at TECHnalysis Research.
他补充说，思科上调年度预测，业绩高于预期，这正是市场希望看到这家与 AI 基础设施相关的公司交出的成绩。
Cisco's raised annual forecast and results above estimates are what the market wants to see from a company tied to AI infrastructure, he added.
该公司报告称，第一季度调整后毛利率为 65.6%，符合预期，但低于一年前的 68.1%。
The company reported first-quarter adjusted gross margin of 65.6%, in line with estimates, but down from 68.1% a year earlier.