Did AI Networking Expansion Just Shift Cisco's (CSCO) Investment Narrative?

Cisco Systems announced new high density AI networking hardware, including Silicon One G302 switches and a planned 400Gb/s per lane USFP optical module co-developed with NVIDIA, TE Connectivity and Amphenol, alongside expanded SONiC support and security tooling for AI operations. The firm is tying hyperscaler AI demand to a fuller ecosystem play. This spans custom silicon and optics through to observability and token-based AI cost control, with the aim of making its networking and security...