On October 10, Cisco rose 3.02% in regular trading, trading at $118.38 per share, with a turnover of $6.36 billion.

The move was driven by Cisco's continued expansion in sovereign AI infrastructure, following the signing of a memorandum of understanding with Bell Canada to collaborate on a sovereign artificial intelligence infrastructure offering in Canada. This partnership combines Bell's data centre, network, and operations capabilities with Cisco's AI, infrastructure monitoring, and Sovereign Critical Infrastructure technologies.

The agreement builds on Cisco's broader sovereign AI strategy, which includes prior collaborations with NVIDIA, AMD, and Supermicro, as well as involvement in Saudi Arabia's HUMAIN project targeting up to 250 megawatts of AI infrastructure and a long-term goal of 1 gigawatt by 2030. These initiatives underscore Cisco's positioning within the expanding market for sovereign and secure AI compute deployments.

Cisco Systems, Inc. designs and sells a range of technologies that power the Internet, integrating product portfolios across networking, security, collaboration, applications, and cloud. Its segments include the Americas; Europe, Middle East, and Africa (EMEA); and Asia Pacific, Japan, and China (APJC).

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