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

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.

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