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Xilinx Rises after Months of Tepid Growth

Paige Tanner
Xilinx Rises after Months of Tepid Growth

Xilinx: Has the growth trend just started? Xilinx (XLNX) reported tepid growth throughout the year but spiked 15% on October 25 after its fiscal second-quarter earnings, when it reported strong double-digit year-over-year revenue growth following several quarters of slow growth. Xilinx is the leading supplier of FPGAs (field-programmable gate arrays), which are used in the data center, automotive, communications, industrial, aerospace, and defense markets for accelerated computing.