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Cisco Stock Set for Tuesday: New Silicon One G300 AI Chip Meets a Margin Squeeze

Summary by ts2.tech
Cisco Systems shares closed Friday at $76.85, up 2.47%, after plunging 12.32% Thursday on margin concerns tied to higher memory costs. U.S. markets are closed Monday for Presidents Day, with trading set to resume Tuesday. Cisco’s latest update highlighted a push into AI networking chips, but gross margin fell to 67.5%, missing estimates. CEO Chuck Robbins cited price hikes and revised contracts to offset rising costs. The post Cisco stock set fo…
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CXO Insight Middle East broke the news in on Monday, February 16, 2026.
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