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Xilinx (XLNX) stock gapped up Thursday after the chipmaker late Wednesday reported fiscal Q2 earnings that beat Wall Street’s views by 2 cents, despite falling 23% vs. the year-earlier quarter. CEO Moshe Gavrielov said Xilinx was already climbing out of its “trough.” “I don’t see us returning to that previous peak, which I believe was in the March 2014 quarter, anytime soon,” he told analysts in the company’s earnings conference call. “I do expect Scalper1 News
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