Cisco
Cisco Shares Plunge 12% as AI-Driven Memory Costs Squeeze Margins
The gold rush for Artificial Intelligence infrastructure has hit a significant roadblock, and the fallout is reverberating through the heart of the networking world. Cisco Systems (NASDAQ: CSCO) saw its stock price plummet nearly 13% on February 12, 2026, marking its steepest single-day decline in years. The sell-off came despite