Cisco has released its first-quarter earnings, beating expectations with strong profit driven by AI investments, despite a 6% decline in revenue to $13.8 billion. The company has seen a rebound in product orders, which it attributes to increasing demand for networking gear spurred by artificial intelligence. Cisco has raised its annual revenue forecast, indicating confidence in future growth fueled by its emphasis on AI, cloud, and security sectors. However, some analysts express concerns over the ongoing revenue decline amidst broader market pressures. Overall, while the company navigates challenges, it maintains a positive outlook supported by its strategic pivot towards AI solutions.