➀ The Q1 2025 high-end router market achieved its first year-over-year growth since Q2 2023, rising 10% with strong performance across all segments, especially in service provider Core and Edge Routers;

➁ Huawei led the market with a 23% revenue surge, gaining 3% market share, while Juniper and Nokia grew 16% and 14% respectively, but Cisco declined despite growth in Core Router sales driven by its RON solutions;

➂ Market uncertainty remains due to potential U.S. government policies that could increase costs and hinder economic expansion.

➀ NVIDIA has announced the integration of Cisco Silicon One into its Spectrum-X Ethernet networking platform, making it the only partner silicon in Spectrum-X. This move validates Cisco's technology and its importance in the AI technology landscape.

➁ Cisco will develop systems combining NVIDIA Spectrum silicon with Cisco OS software, allowing customers to standardize on both Cisco networking and NVIDIA technology in the data center.

➂ The collaboration aims to enable a new level of interoperability in the industry, leveraging both companies' strengths.

➀ Cisco has issued a notice to suppliers to strictly enforce the provision of chip origin certificates, requiring products to be free of China-made chips;

➁ The standard for COO certification has been upgraded from the final packaging location to the production site of the chips and masks, to ensure no 'origin washing';

➂ Cisco's network communication equipment involves national security considerations, necessitating strict tracing of chip origin;

➃ Dell, another PC manufacturer, has also planned to stop using China-made chips by 2024;

➄ HP, another PC manufacturer, is transferring some production capacity out of China, with the exclusion of China-made chips in the supply chain still under evaluation;

➅ The exclusion of China-made chips by US manufacturers could have a severe negative impact on local supply chain vendors in China;

➆ If US manufacturers want to retain the Chinese market, they may not require the exclusion of China-made components in products sold in China.