CSCO experienced a notable positive stock movement, with several factors contributing to the upward trend. A primary driver appears to be the company’s strong performance in its fiscal third-quarter earnings, reported on May 13, 2026. Cisco exceeded revenue and earnings estimates, with revenue growing 12% year-over-year to $15.84 billion and adjusted EPS of $1.06 surpassing the consensus estimate of $1.03. This financial outperformance was significantly fueled by accelerating demand for AI-related products, with AI orders reaching $9 billion, substantially exceeding the prior $5 billion target. The company also raised its full-year fiscal 2026 revenue guidance to a range of $62.8 billion to $63.0 billion and non-GAAP EPS to…