Altera Message Board - Msg: 26160884

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Technology Stocks : Altera

ALTR 53.61

+1.3%

Jul 7 5:00 PM EST

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From: Gaffer	12/8/2009 10:26:10 AM
	of 2389

Strength from Xilinx too... Xilinx raises fiscal 3rd-quarter sales outlook as demand improves for its programmable chips On 9:12 am EST, Tuesday December 8, 2009 SAN JOSE, Calif. (AP) -- Xilinx Inc. on Tuesday raised its sales forecast for its fiscal third quarter as demand for its programmable chips improved. The chip maker now expects sales to increase by 16 percent to 20 percent from the fiscal second quarter, instead of the 6 percent to 10 percent previously forecast. The new projection implies revenue of $481.3 million to $497.9 million for the December quarter. Analysts polled by Thomson Reuters predict revenue of $450.6 million. In the same quarter a year ago, Xilinx recorded third-quarter sales of $458.4 million. Xilinx, based in San Jose, Calif, is scheduled to report earnings on Jan. 20.

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