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Semiconductor firm Xilinx (XLNX) plunged 6% Thursday after it issued a soft earnings report and outlook late Wednesday, in what is shaping up to be a bad earnings season for chipmakers. For the fiscal third quarter ended Dec. 27, Xilinx’s sales rose 1% over the year-earlier quarter to $593.5 million, $23 million below analysts’ consensus, according to Thomson Reuters. Earnings of 62 cents a share beat consensus by a penny, but that included a Scalper1 News
Scalper1 News