NB491: Cisco Revenues Drop 10% in Q4; Texas Instruments Get $1.6 Billion for Chip Factories
Hackers steal millions of Social Security numbers, HPE acquires a cloud company, Cisco announces layoffs, and industry efforts focus on AI Ethernet.
MAIN POINTS
- Hackers potentially stole millions of US Social Security numbers.
- HPE acquires a multi-cloud management company.
- Cisco plans to lay off 7% of its employees.
TAKEAWAYS
- Pure Storage joins Ultra Ethernet Consortium for AI workload optimization.
- Texas Instruments receives $1.6 billion for chip factories.
- Cisco's revenue drops 10% in Q4.