时隔25年，上一个时代的“英伟达”终于涨回来了

Core Viewpoint - Cisco's stock price reached a historic high, surpassing the peak from the internet bubble era, reflecting a long recovery process of investor confidence since the bubble burst [1][3]. Group 1: Stock Performance - Cisco's stock rose by 0.9% to $80.25, breaking the previous record high set on March 27, 2000 [1]. - The stock has increased over 800% since its low point in 2002, although its market capitalization is still over 40% lower than its peak during the internet bubble [4]. Group 2: Market Context - The recent surge in Cisco's stock is attributed to a broader market rebound following the Federal Reserve's third consecutive interest rate cut, with the S&P 500 and Nasdaq 100 indices also showing gains [3]. - The optimism surrounding Cisco's revenue forecasts and the anticipated acceleration in AI spending is driving investor interest [3][6]. Group 3: Revenue Expectations - Cisco projected sales of up to $61 billion for the fiscal year ending in July, exceeding Wall Street expectations by approximately $1 billion [6]. - The company is positioning itself to benefit from the significant investments in AI infrastructure by global enterprises [6]. Group 4: Historical Comparison - Cisco was one of the "Nasdaq Four Horsemen" during the late 1990s, alongside Microsoft, Intel, and Dell, attracting substantial investor attention [3]. - The comparison of today's market dynamics with the internet bubble era highlights the long recovery period required for investor confidence to be restored after significant losses [3].