A Wall Street analyst thinks Cisco is coming out with a new chip - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

A Wall Street analyst thinks Cisco is about to introduce a new processor chip, in a move that could be bad news for Broadcom, Juniper and Arista

simply click here to claim your deal and get access to all exclusive Business Insider PRIME content.

Leopold based his speculation on Cisco's $380 million acquisition of a communications chip company in 2016. "We think Cisco's announcement has its roots in new switching and routing silicon based on technology it acquired with Leaba," Leopold told clients in a note. In fact, he speculated that "Cisco will also shift its business model to sell its semiconductors to others."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks pulled higher by Wall Street jobs rally but China caution prevailsAsian stocks edged up on Monday, catching some of Wall Street's momentum af... How stupid can conservatives around the world be? The US jobs number of 266K for November included 42K of auto workers returning to work and seasonal increases. The US economy reflects the monetary & fiscal policy actions and global recovery following the financial crisis. The main reason for the upward revision was that non-residential investment jumped by 1.8% on-quarter instead of the preliminary estimate of 0.9%,
Source: Reuters - 🏆 2. / 97 Read more »

Stocks close broadly lower on Wall Street; trade in focusMARKETS: U.S. stock indexes edged lower in afternoon trading Monday, placing the market on track to give back some of its gains from last week. Envy. Of. The. World. Cheers to the market crashing so we can say i told you so to Trump. Here here !!!!
Source: ABC - 🏆 471. / 51 Read more »