内存暴涨，又一受害者出现

Core Viewpoint - Cisco Systems' stock price plummeted by 12%, marking its largest single-day drop since 2022, due to investor concerns that rising memory prices will erode the company's profitability [1] Group 1: Market Impact - The surge in memory prices is driven by high demand for data centers, leading to a global memory supply shortage that affects various tech companies, including Apple, Dell, and Qualcomm [2][3] - Qualcomm reported better-than-expected Q1 FY 2026 results but provided a disappointing outlook due to the global memory chip shortage impacting its performance [4] Group 2: Cisco's Response - Cisco's CEO Chuck Robbins mentioned in a recent earnings call that the company plans to raise prices, modify contracts, and renegotiate terms to address the ongoing increase in component costs [5] - CFO Mark Patterson stated that Cisco is actively seeking measures to mitigate the negative impact of rising memory costs [6] Group 3: Financial Performance - Cisco reported better-than-expected results for Q2 FY 2026, but its stock still fell by approximately 7% due to a lackluster outlook [7] - The company's Q2 FY 2026 product gross margin was 66.4%, a year-over-year decline of 130 basis points, primarily attributed to changes in product mix and rising memory costs [8] - Key financial metrics for Q2 FY 2026 include revenue of $15.349 billion, a year-over-year increase of 10%, and net income of $4.143 billion, also reflecting a 10% year-over-year growth [9]