Cisco Systems Chief Executive John Chambers told CNBC Wednesday the global economy is the strongest he's seen, even though the next quarter or two "maybe a little bit bumpy" in the U.S.
"It’s the strongest global economy I’ve seen in my career," Chambers said Wednesday, in an interview on CNBC's "Squawk on the Street." He cited the growth the company has seen in Asia, Europe and emerging markets to back up his opinion.
Cisco shares jumped to a six-year high on Wednesday after the network equipment maker turned in a solid performance in its fiscal fourth quarter, and raised its long-term growth forecast, citing demand for its network equipment hardware as well as other products.
In the interview, Chambers said the company was seeing revenue growth above 15% in 23 of its top 30 countries.