The Press Democrat

Trump administration bans import of new foreign-made routers, citing supply chain and security risks

The Trump administration has banned imports of new, foreign-made routers citing supply chain vulnerability and cybersecurity risks. The newest addition to the U.S. “covered list” targets consumer-grade routers,

United States FCC bans import of all new foreign-made consumer routers

After pressure from regulatory committees about fears of Chinese spies and botnets, the FCC has placed a ban on all new foreign-made consumer routers.

Does FCC ruling position NetGear stock for market share gains?

In the wake of the FCC’s bombshell announcement, Stifel’s senior analyst Tore Svanberg reiterated his “buy” rating on NetGear shares with a $36 price target, indicating significant further upside. Svanberg’s bullish view is based on the belief that the market has fundamentally undervalued NTGR’s “clean” supply chain.