EZchip (EZCH) Shares Dip as Jefferies Considers Competition from New Broadcom (BRCM) NPU

Article Stock Quotes (2) Comments (0)

Shares of EZchip Semi (Nasdaq: EZCH) are down about 7.5 percent over the last hour of trade following an intraday Jefferies note which said the company may face increased competition from Broadcom's (Nasdaq: BRCM) new high-speed NPU.

The firm maintains a Hold rating on EZchip shares.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• UPDATE: Sprint (S) to Raise Offer for Clearwire (CLWR) - DJ
• Goldman Sachs Maintains Sell on Microsoft (MSFT)
• Websense (WBSN) Offer 'More Than Fair', 'Cash in and Move On' - Analyst

Create E-mail Alert Related Categories

Analyst Comments, Rumors

Related Entities

Jefferies & Co

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?