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Xilinx's Guidance Hit by China Uncertainty

TheMotleyFool

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Xilinx's Guidance Hit by China UncertaintyPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.theapi.app/temp/012f8213-0bd1-4831-98f2-6d5fae956d6a.png

Semiconductor provider Xilinx (NASDAQ: XLNX) reported its fiscal first-quarter results after the market closed on July 24. Both revenue and earnings grew by more than 20%, despite weak demand from data center customers. Growth will slow way down in the second quarter, because of the loss of revenue from Huawei as well as general economic uncertainty. Here's what investors need to know.

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Q1 2020

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