REUTERS: Xilinx Inc on Wednesday forecast current-quarter and full-year revenue below Wall Street estimates, the second major chipmaker this week to flag the impact of a prolonged U.S.-China trade dispute on its business.
Shares of Xilinx, which makes programmable chips used in data centers, were down nearly 2per cent in extended trading. "We really hope that the governments can come to agreement and resolve this structural issue so we can continue to engage with Huawei," Peng said.On Tuesday, chipmaker Texas Instruments Inc's current-quarter revenue forecast also missed Wall Street targets, as it blamed the trade war.
Xilinx said it expects third-quarter revenue of between US$710 million and US$740 million, well below analysts' average estimate of US$844.9 million, according to IBES data from Refinitiv.
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