US-China Talks Fail to Address Chip Issues, Stocks Decline
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 15 2026
0mins
Source: seekingalpha
- Chip Stocks Decline: Following the US-China talks that did not address chip issues, shares of Nvidia and AMD fell nearly 4%, while Broadcom dropped about 3%, indicating market uncertainty regarding future trade deals which could impact investor confidence.
- Market Reaction: The Nasdaq Composite fell approximately 1.74% and the S&P 500 slipped about 1.22%, reflecting overall weakness in tech stocks and investor concerns about the future prospects of the technology sector.
- Ambiguous Meeting Outcomes: The discussions between Trump and Xi did not clarify major points of contention such as Taiwan and Iran, leading to market unease about the future trajectory of US-China relations, which may affect international operations of related companies.
- Divergent Stock Performance: While most AI and networking stocks declined, Qualcomm bucked the trend with a nearly 3% increase, suggesting varied market reactions based on individual company business models and market positioning.
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Analyst Views on CSCO
Wall Street analysts forecast CSCO stock price to fall
13 Analyst Rating
10 Buy
3 Hold
0 Sell
Strong Buy
Current: 118.640
Low
76.00
Averages
91.30
High
100.00
Current: 118.640
Low
76.00
Averages
91.30
High
100.00
About CSCO
Cisco Systems, Inc. designs and sells a range of technologies that power the Internet. The Company is integrating its product portfolios across networking, security, collaboration, applications and cloud. The Company's segments include the Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific, Japan, and China (APJC). Its Networking product category represents its core networking technologies of switching, routing, wireless, fifth generation (5G), silicon, optics solutions and compute products. Its Security product category consists of its cloud and application security, industrial security, network security, and user and device security offerings. Its Collaboration product category consists of its meetings, collaboration devices, calling, contact center and platform as a service (CPaaS) offering. Its Observability product category consists of its full stack observability offerings.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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