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

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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

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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."

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