The chipmaker raised its revenue outlook for the fiscal first quarter on Monday, citing better-than-expected results in its wired and wireless group and its data center group, as well as a surge in orders ahead of new U.S. restrictions on sales to Chinese tech firm Huawei. Shares of Xilinx were up 7.6% to $98.94 in mid-day trading. Meanwhile, Micron stock was up 5.3% to $51.82 after the chip maker topped expectations for its fiscal third quarter. Read More...
The chipmaker raised its revenue outlook for the fiscal first quarter on Monday, citing better-than-expected results in its wired and wireless group and its data center group, as well as a surge in orders ahead of new U.S. restrictions on sales to Chinese tech firm Huawei. Shares of Xilinx were up 7.6% to $98.94 in mid-day trading. Meanwhile, Micron stock was up 5.3% to $51.82 after the chip maker topped expectations for its fiscal third quarter.
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