Feb 12 (Reuters) - Cisco Systems ( CSCO ) raised its

annual revenue forecast on Wednesday, betting on higher demand

for its cloud networking gear amid a boom in the artificial

intelligence technology.

The company expects its revenue to be between $56 billion

and $56.5 billion for fiscal 2025, compared with its prior

forecast of $55.3 billion to $56.3 billion.

Analysts, on average, expect $55.99 billion, according to

data compiled by LSEG.