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Cisco Shares Eclipse Dot‑Com Peak for First Time Since 2000

A wave of AI data‑center orders helped propel the longtime networking giant to a fresh closing high.

Overview

  • Cisco closed at $80.25, topping its prior split‑adjusted record of $80.06 set on March 27, 2000.
  • The rally followed November results that highlighted about $1.3 billion in AI infrastructure orders from large web companies and an increased full‑year outlook.
  • The company’s market capitalization stands near $317 billion, placing it around the 13th most valuable U.S. tech firm.
  • Shares are up roughly 36% year to date in 2025, outpacing the Nasdaq’s gain of about 22% over the same period.
  • The stock trades near 19 times forward earnings, far below late‑1990s extremes, and the company remains much smaller than AI‑chip leader Nvidia at roughly $4.5 trillion.