New York, January 15, 2026, 13:53 EST — Regular session ongoing
- Cisco shares rose midday following the release of its Feb. 3 AI Summit agenda
- Among the speakers are Nvidia’s Huang and OpenAI’s Altman
- Investors are on the lookout for new clues about AI-networking demand and enterprise spending
Cisco Systems, Inc. shares gained roughly 1.8% to close at $75.74 on Thursday. The networking giant announced it will host its second annual AI Summit on Feb. 3. Notable speakers lined up include Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman. 1
The event arrives amid a rush for AI-related plays, with traditional tech suppliers eager to prove they’ve got a role beyond just chips. For Cisco, the message is clear: increased AI computing drives demand for networking, security, and handling greater complexity.
This matters because Wall Street is finally drawing a line between “AI talk” and actual orders. Cisco’s shares have tracked that split for months, with traders quick to slam anything that feels like hype at a conference without real revenue backing it up.
On Thursday morning, Cisco and Nvidia led gains in the Dow, pushing the index higher, MarketWatch data showed. 2
Chief Executive Chuck Robbins described the summit as “a critical time” for the industry, highlighting “trust, knowledge sharing, and collaboration” as central themes in a LinkedIn post promoting the Feb. 3 event. 3
In a separate blog post, Cisco exec Aruna Ravichandran said, “AI is no longer just about models. It’s about systems.” She positioned the summit as a wider discussion focused on infrastructure and governance—not only on software. 4
Nvidia shares gained roughly 3.5% on the session, while Broadcom edged up about 1.7%. Arista Networks, another player in the networking space, jumped close to 6.3%.
Cisco has been updating its switching and routing portfolio while boosting collaboration with Nvidia on AI-focused data center networking, according to Network World this week. Tom Nolle, principal analyst at Andover Intel, put the risk bluntly: “Cisco is a giant incumbent, which means that they win by default as long as they don’t mess up too badly.” 5
A summit packed with speakers can backfire. Without clearer demand signals, or if customers hold back on major network upgrades, the stock’s rally could quickly lose steam. That’s especially true as competitors battle for the same AI data-center dollars.
The next big date is Feb. 3, when Cisco holds its AI Summit. Investors will be tuning in, hoping to hear about actual orders, not just applause.
