Cisco Systems shares rise in Europe after forecasts upgrade

(Reuters) -Cisco ​Systems shares ‌were up over ‌8% in early Frankfurt trading on ⁠Thursday,‌ after the company raised ‍full-year forecasts for profit and ​revenue.

Cisco is ‌betting on robust demand for its networking equipment driven by ⁠multi-billion-​dollar ​data centre expansions amid the ‍artificial ⁠intelligence boom.

(Reporting by ⁠Danilo Masoni; ‌Editing by Amanda ‌Cooper)