TXN - Xilinx Emerges As A Semiconductor Unicorn And Shivs The Shorts
Not too many semiconductor stocks have reported as of this writing, but with the Texas Instruments (TXN) and Intel (INTC) reports in, it looks like the market’s fears of another round of downward guidance revisions for the first quarter are materializing. But then there’s Xilinx (XLNX) — quite possibly a true unicorn this quarter in not only reporting very strong growth (revenue up 34% yoy and 7% qoq), but also guiding UP for the next quarter.
With strong earnings and the 5G opportunity seeming to come through sooner than