Chuck Robbins, CEO of Cisco Systems, speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 15, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

US Acting Attorney General Todd Blanche, speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 15, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

US Acting Attorney General Todd Blanche, speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 15, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

Chuck Robbins, CEO of Cisco Systems, speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 15, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

Chuck Robbins, CEO of Cisco Systems, speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 15, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

US Acting Attorney General Todd Blanche, speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 15, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

Chuck Robbins, CEO of Cisco Systems, speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 15, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

Chuck Robbins (L), CEO of Cisco Systems, listens to Reed Albergotti, Semafor's Techonolgy Editor, during the 2026 Semafor World Economy conference in Washington, DC, on April 15, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)