---
type: "Topics"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/topics/38865859.md"
description: "1999 Q4–2000 Q1: The peak of the internet bubbleAt that time, global telecom operators (like AT&T, Sprint, Qwest, Global Crossing, WorldCom) massively deployed fiber optic networks, with capital expenditure growth exceeding 40–60%. Cisco's order backlog reached a historical high.On March 27, 2000, Cisco's market capitalization peaked at $555 billion, surpassing Microsoft to become the world's number one.Cisco CEO John Chambers said: "The internet will change everything, and growth can be sustained for 30 years."— Excerpt from Xueqiu"
datetime: "2026-02-24T19:05:29.000Z"
locales:
  - [en](https://longbridge.com/en/topics/38865859.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/38865859.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/38865859.md)
author: "[FakePhoenix](https://longbridge.com/zh-CN/profiles/23648307.md)"
---

> 支持的语言: [English](https://longbridge.com/en/topics/38865859.md) | [繁體中文](https://longbridge.com/zh-HK/topics/38865859.md)


# 1999 Q4–2000 Q1: The peak of the internet bubbleAt…


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