Cisco's Unified Edge Innovation and UBS Upgrade Catalyst

3 months ago

Alexandra Seanova

"Cisco is announcing a new all-in-one product to help retail stores, healthc care facilities, uh, and factories incorporate artificial intelligence with the use of a single rack of equipment. This technology is called unified edge. I'm looking at the stock right now. It's up about 1.7% on this news. Uh basically this new technology combines chip storage, networking and security software and relies on Cisco products for this but it lets customers actually choose their own chips so they can go with Nvidia or Intel here. Right now basically most companies are focused on training AI models or running them. But Cisco and other companies are betting that businesses will need equipment to run AI tasks locally and they won't have these skilled workers on site to help them."

Cisco is rolling out a unified edge product that bundles key technologies to support local AI tasks. The commentary highlights a UBS upgrade with a price target hike from 74 to 88, supporting a bullish view on multi-year growth potential driven by AI infrastructure demand.

Related Stocks