Questions about Cisco's position in AI era compared to 2000 tech bubble
Interviewer
Chuck Robbins
Record quarter and likely best year ever, hyperscalers are sophisticated customers making deep technology analysis
Asks about new AI customers beyond hyperscalers
Interviewer
Chuck Robbins
Expanding to sovereign deals in Middle East, Europe, Southeast Asia and India with $1.3B from top hyperscalers
Questions risk management in expanding to sovereign and enterprise markets
Interviewer
Chuck Robbins
$2B pipeline through fiscal year end, technology adoption follows natural progression from hyperscalers to telco to enterprise
Questions about security business performance and holistic selling approach
Interviewer
Chuck Robbins
Security progress with mid-teens firewall growth, double-digit Splunk ARR growth, but accounting shift to cloud creates revenue timing challenges
Asks about product strategy evolution and M&A approach for AI era
Interviewer
Chuck Robbins
Silicon strategy since 2016 critical for hyperscale success, focused on security and AI acquisitions
Direct question about whether we are in an AI bubble
Interviewer
Chuck Robbins
Not a bubble - customers have strong balance sheets, view AI as existential, different from 2000 with massive profitable companies
Questions if Cisco's projections are conservative
Interviewer
Chuck Robbins
Confident in numbers but world is dynamic with three quarters remaining