raisbeckfoto Cisco Systems, Nvidia, and Artificial Intelligence Cisco Systems, Inc. (NASDAQ:CSCO) currently trades at an FWD P/E of around 13x, a stark contrast to the elevated multiples many AI (artificial intelligence) stocks boast. It's precisely the goal of this article to argue that such a low valuation reflects an underestimation of CSCO stock's AI relevance and thus creates an investment opportunity. CSCO is known for its leading role in Internet protocol-based networking devices, in particular switc ...