FYI: Cisco Systems, an early Silicon Valley success story, has become one of the nation’s top tech exporters. Today, roughly half of the networking giant’s sales come from outside the U.S. As foreign countries sought to catch up with U.S. connectivity, Cisco helped plug them in.
But a wave of nationalist thinking has put Cisco (ticker: CSCO)—and most of its peers—in an uncomfortable position. Earlier this month, Cisco CEO Chuck Robbins described the current climate as “one of the more complex macro, geopolitical environments that I think we’ve seen in quite a while with all the different moving parts.”
Regards,
Ted
https://www.barrons.com/articles/the-cold-war-in-tech-is-real-and-investors-cant-ignore-it-51550883601?mod=hp_HERO
