68.25 0.00 (0.00%)
After hours: 6:58PM EDT
|Bid||66.09 x 4000|
|Ask||69.75 x 1200|
|Day's Range||66.73 - 68.49|
|52 Week Range||60.12 - 77.96|
|PE Ratio (TTM)||34.30|
|Forward Dividend & Yield||1.44 (2.08%)|
|1y Target Est||N/A|
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action.
Industries including gaming and artificial intelligence are being pushed forward by strong tailwinds, says Jeff Reeves.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting XLNX. Over the last one-month, outflows of investor capital in ETFs holding XLNX totaled $874 million.
This morning I attended a most interesting conference on artificial intelligence at the Penn Club in midtown Manhattan. The meeting featured startups, as well as chip-equipment giant Applied Materials (AMAT), and it was hosted by Pierre Ferragu, who recently left his post as tech analyst at Bernstein, to take up a new role covering many areas of tech at New Street Research, a research-only firm with no brokerage business. The question is what kinds of chips will those be?
The most remarkable thing about the stock of Micron Technology, the computer memory-chip maker, is that its valuation has remained unchanged even as its stock price has more than doubled over the past 12 months on better financial results. A $10 billion stock buyback plan announced by Micron (MU) last Monday drove up shares by 15% for the week, to a recent $61.35. As Micron makes more parts that are distinctive—less of a commodity—it can escape persistent worries about supply and achieve a higher stock multiple.
Xilinx (XLNX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
First, the bad: Analysts are not entirely comfortable with the company’s plan to boost spending this year by 10%, slightly faster than projected rise in revenue of 8% to 10%, for the fiscal year that began this quarter. Morgan Stanley’s Joseph Moore, reiterating this morning an Outperform rating and a $78 price target, defends the company’s spending, writing that unlike in the past, spending is "more directly tied to enthusiasm about future prospects” such as AI. The good news, by most accounts, was the company’s expectation that its addressable market for chips in the data center will rise to $4.6 billion by 2023, a compound annual growth rate of 67% from just $600 million in 2019.
Here are some things going on today in the world of tech: Hewlett’s Cash Flow Scrutinized Shares of Hewlett Packard Enterprise (HPE) are down $1.76, or 10%, at $15.65, after the company yesterday afternoon modestly beat fiscal Q2 revenue and profit expectations, and forecast profit this quarter, and for the full year, in line with consensus. The focus of some today is not the revenue but the cash flow, which came in lighter than some would like. Raymond James’s Simon Leopold reiterates an Outperform rating on the shares, and raises his price target to $24 from $22, calling it a “solid beat,” but he also notes a couple of risks.
Xilinx Inc (NASDAQ:XLNX) is trading with a trailing P/E of 34.6x, which is higher than the industry average of 24.9x. Although some investors may jump to the conclusion that youRead More...
The video-focused division of Amazon Web Services has hired two FPGA specialists and has job openings for more. AWS already offers raw FPGAs for rent by the hour. Amazon AMZN Web Services is loading up on engineers at a semiconductor unit in Portland, Oregon, where the cloud business is focused on improving video processing speeds.
NEW YORK (AP) — The stocks of a slew of technology companies jumped Monday after President Donald Trump appeared to lobby on behalf of ZTE, a Chinese telecom company that has been sanctioned by the U.S.
Cloud computing firms are driving significant investment in artificial intelligence and major chipmakers are competing to provide the infrastructure for AI services.
Attention dividend hunters! Xilinx Inc (NASDAQ:XLNX) will be distributing its dividend of $0.36 per share on the 04 June 2018, and will start trading ex-dividend in 3 days time onRead More...
When most investors think of artificial intelligence stocks, names like NVIDIA Corporation (NASDAQ:NVDA) and Microsoft Corporation (NASDAQ:MSFT) come to mind — and well they should. Nvidia’s graphics processing hardware has proven an ideal way to complete the intensive number-crunching required by most AI applications, and Microsoft has arguably acquired a number of artificial intelligence companies, garnering some new and impressive technologies it has yet to turn into a practical product. Many more organizations have waded into artificial intelligence waters, however — more than you might realize.
On CNBC's "Mad Money Lightning Round" , Jim Cramer said Blackstone Group LP (NYSE: BX ) is a teriffic buy. Cramer thinks Xilinx, Inc. (NASDAQ: XLNX ) had a really good quarter. He added that ...
It's that time again! "Mad Money" host Jim Cramer rang the lightning round bell, which means he gave his take on callers' favorite stocks at rapid speed. Monster Beverage Corp. MNST : "You know what? Blackstone Group BX : "This is run by Steve Schwarzman.
The war of words between US and Chinese authorities is heating up. Chinese antitrust regulators recently blocked Qualcomm’s (QCOM) proposed takeover of Dutch company NXP Semiconductors.
Chip stocks jumped on Thursday after a series of positive earnings reports from the likes of Advanced Micro Devices, STMicroelectronics and Xilinx.