Jim Cramer Talks Supply Disruptions With Cisco's CEO - NewsBreak

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By Flemming in Business
Updated 3 years ago

The semiconductor shortage has drawn a lot attention for its impact on the auto industry. But recently, Chuck Robbins, CEO of Cisco Systems (CSCO) - Get Cisco Systems, Inc. Report, told Jim Cramer there are disruptions in many areas of his company's supply chain. On a recent episode of "Mad Money", Robbins told Cramer that Cisco is facing constraints in memory, power supplies and labor, just to name a few. He expected many of these issues won't be resolved until mid-2022 at the earliest. (Find out more about Real Money columnists and their investment ideas here.)