Chipmaker Broadcom is giving cable TV firms ammunition to battle Google’s broadband offensive. Whether they use it might depend on the search leader’s plans to expand its 1 gigabit broadband Internet service into more U.S. markets. Broadcom (BRCM) says a chip that supports the cable TV industry’s “Gigasphere” standard, also called Docsis 3.1, will ship commercially this year. Arris Group (ARRS) and others are expected to build the chip into
Cisco Systems’ (CSCO) cloud-based technology is gaining momentum among cable TV customers, says UBS Investment Bank. “We believe an accelerated shift to the cloud is a positive for Cisco, potentially at the expense of Arris (ARRS),” said UBS analyst Amitabh Passi in a research report. Two of Cisco’s customers are U.S.-based Charter Communications (CHTR) and Germany’s Kabel Deutschland, acquired in 2013 by Vodafone Group (VOD). “Cisco is supplying
With earnings season starting to wind down, companies that reported excellent quarterly earnings growth, such as Faceboook, are likely candidates for a stock watch list. Today’s IBD 50 list features five tech stocks that posted superior earnings gains in their most recent report. Here are the top five techs, ranked by highest EPS growth. Arris Group (ARRS) makes routers, gateways and other networking gear. On Oct. 29, it reported a 108% surge in