Xilinx's Laudatory Advancements - Analyst Blog
February 15 2012 - 6:30AM
Zacks
Recently announced, Xilinx, Inc. (XLNX)
has made a singular achievement with design wins crossing $1
billion in its 28nm field programmable gate array (FPGA) and
extensible processing platform (EPP) portfolio.
The Virtex-7 FPGAs are designed to provide the
highest bandwidth systems whereas the Kintex-7 FPGAs cater to
meeting cost efficiencies and power productivities of the highest
standards possible. These 28nm devices shall ameliorate defense
radars, video processing systems, medical imaging equipment etc.,
thereby advancing medical research tools, automotive driver
systems, factory automation equipment etc. in days to
come.
The Zynq EPP, on the other hand, provides a high
performance dual core ARM A9 processor subsystem which shall help
reducing power usage and time execution, besides making the
products more user-friendly.
By mid-2012, Xilinx hopes to send its entire 28nm
product portfolio for sample testing so that it can reap the
benefits from seeds sowed as early as
possible.
The company recently reported its financial results
for its third quarter of fiscal 2012, whereby it recorded a revenue
drop of 10% year over year and 8% sequentially to $511.1 million.
Operating margin also fell from 32.3% in the year-ago quarter to
26.8% in the last quarter.
However, it is needless to mention that such
distinguished advances shall definitely cast an indelible effect on
not only the company’s performance in the coming quarters to battle
out its formidable competitors like Altera Corp.
(ALTR), but also enhance the
industry standards considerably.
We maintain our
Neutral recommendation on the stock. Our recommendation is
supported by Zacks #3 Rank, which translates into a short-term
rating of Hold.
ALTERA CORP (ALTR): Free Stock Analysis Report
XILINX INC (XLNX): Free Stock Analysis Report
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