Silicon One G300 Announcement Drives Sentiment for Cisco Systems (CSCO)

Cisco Systems (NASDAQ:CSCO) is one of the 11 best communication equipment stocks according to hedge funds.

On February 10, Cisco Systems (NASDAQ:CSCO) announced Silicon One G300, which is a 102.4 Tbps switching silicon designed for large-scale AI cluster buildouts. The management stated:

“The Cisco Silicon One G300 will power new Cisco N9000 and Cisco 8000 systems that push the frontier of AI networking in the data center. The systems feature innovative liquid cooling and support high-density optics to achieve new efficiency benchmarks and ensure customers get the most out of their GPU investments. In addition, the company enhanced Nexus One to make it easier for enterprises to operate their AI networks – on-premises or in the cloud – removing the complexity that can hold organizations back from scaling AI data centers.”

Back on January 20, Cisco Systems (NASDAQ:CSCO) revealed a multi-year collaboration with Georgetown University aimed at modernizing their campus network to provide high-end connectivity and modern digital services through Cisco’s newest networking tools.

This initiative features an extensive rollout of Wi-Fi 7 across Georgetown’s classrooms, dorms, and stadiums. By spearheading one of the largest Wi-Fi 7 deployments in the academic sector, Georgetown is establishing itself as a pioneer in wireless innovation. Cisco will headline the annual “Hoya Forward” platform every January of each year, hosting hackathons to drive student innovation and creative new beginnings.

Cisco Systems (NASDAQ:CSCO) designs and sells digital communication technologies, such as networking hardware, software, cloud, and security. The company ensures connectivity for large data centers, branches, and campus networks by interconnecting public and private wireline and mobile networks. Other offerings include access management, threat intelligence, detection, collaboration devices, contact center platforms, and more.

While we acknowledge the potential of CSCO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.