Xilinx slumps on weak guidance due to Huawei ban
Computer chipmaker Xilinx Inc. spooked investors today after saying its current-quarter revenue will likely fall well short of expectations. The company said it’s expecting third quarter revenue of between $710 million to $740 million, some way short of Wall Street’s forecast of $844.9 million. The reason? The ongoing trade war between the U.S. and China, […]
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