Industrial AI veteran Girish Rishi joins Cisco board

Cisco warned customers that a critical vulnerability (CVE-2026-76519) in its Secure Email Gateway is being exploited in the wild. The flaw was patched on Sept. 14 but was reassigned and added to CISA's KEV catalog on Oct. 14. Experts advise thorough investigation and potential rebuilding of affected systems.

NVIDIA and Cisco unveiled a 400Gb/s-per-lane optical module specification, aiming for 4× bandwidth density and 1.3× power efficiency. NVIDIA also opened its Vera Rubin rack and compute tray designs, benefiting Taiwan's optical and server suppliers. Meta adopted NVIDIA's Spectrum-6 switch chips for its IceCube platform. NVIDIA's Vera CPU MGX racks, in mass production, offer flexibility for cloud providers, with 12 Taiwanese companies as partners.

Nvidia unveiled its Vera Rubin rack design, partnering with Cisco on high-density optical modules. The company aims to drive industry standards and reduce costs. Nvidia's revenue is nearing $100 billion quarterly, with plans for significant growth. Meta and others reported performance improvements using Nvidia's technology. Morgan Stanley noted potential delays in 800V power delivery but expects steady progress. Nvidia and Cisco are developing USFP modules for higher bandwidth density.

Citi analyst Atif Malik maintained a Buy rating and $139.00 price target for Cisco Systems (CSCO), which closed at $114.89. The company reported Q4 revenue of $17.25B and net profit of $3.86B, up from $14.67B and $2.55B respectively last year. The consensus rating is Moderate Buy with a $138.44 target.

Cisco (CSCO) shares rose 1.26% to $116.34 after announcing new AI capabilities for Webex, including shared context for agents and integrations with Claude and OpenAI. The company also introduced Dialog for customer-service agents and RoomOS 27, set for November release. Cisco's shares are 54.75% above the GF Value estimate of $75.18, but no pricing or adoption figures were provided.

Cisco disclosed a critical vulnerability (CVE-2026-76471) in its NX-API, allowing remote code execution if enabled. Affects Nexus 3000/9000 and UCS 6300 series. No workaround; upgrades required. UCS 6300's XML API is enabled by default, requiring valid credentials for exploitation. Cisco reports no public exploitation.