#xlnx

AMD pushes back timeline for closing of Xilinx merger

With just one day to go in the year, Advanced Micro Devices Inc. AMD, -2.10% admitted Thursday that its acquisition of fellow semiconductor company Xilinx Inc. XLNX, -1.71% would not close by the end of 2021, but did say it expects the deal to be sealed early in the new year. In a joint, uncredited statement provided to media, the companies said after the market closed Thursday, “We continue…

Xilinx (XLNX) Q3 2020 Earnings Snapshot

— Xilinx Inc. (NASDAQ: XLNX) reported third quarter 2020 adjusted earnings of $0.68 per share versus $0.59 per share expected.

— Revenue decreased by 10% to $723 million versus $730.6 million expected.

— Xilinx expects to reduce its global workforce by approximately 7% through a targeted reduction in force and meaningfully slower hiring to replace attrition.

— Q4 revenues are…

Will wireless prowess help Xilinx (XLNX) overcome China headwinds in Q2?

Image Source: Xilinx company site

Xilinx (NASDAQ: XLNX) disappointed the market a few months ago when it issued below-consensus guidance for the September-quarter and the stock suffered badly, despite the tech firm reporting impressive results for its first quarter.

The company, which develops programmable microchips, will be publishing its second-quarter results on Wednesday at 4:20 pm ET.…

Xilinx to report Q1 2020 results

Xilinx, Inc. (NASDAQ: XLNX) is scheduled to report its first-quarter results shortly after the bell. The chipmaker’s stock has jumped about 55% this year backed by the solid Q4 results. It touched a new 52-week high mark of $141.60 in April post the Solarflare which would augment the data center offerings.

For the first quarter, analysts are expecting sales to increase about 24% to $847.37…

Motley Fool: Xilinx Could Use a Resolution to the U.S.-China Trade Standoff

Xilinx (NASDAQ:XLNX) shareholders have largely been a happy lot this year. The stock has delivered terrific gains as the construction of fifth-generation (5G) wireless networks has supercharged its financial growth. And that catalyst is just beginning to deliver for the company: The pace of the deployment of 5G infrastructure is set to increase in the coming months and years.

But there’s a…

Motley Fool: 3 Top Growth Opportunities for Xilinx

One chip company that has garnered a lot of attention from investors lately is Xilinx (NASDAQ:XLNX). Xilinx, which has seen its shares rise nearly 44% year to date, primarily sells chips called field programmable gate arrays, or FPGAs. These chips are unique in that their functionality can be reprogrammed on the fly by customers, which stands in stark contrast to most other chips, whose…