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Xilinx Falls as Sales Rise Less Than Expected

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Bloomberg News

Xilinx Inc. shares fell 12% after the world’s largest maker of programmable computer chips said first-quarter sales will rise less than expected. The shares dropped $4.25 to $31.01 on Nasdaq.

Sales in the quarter will be $295.4 million, or 8% more than the fourth quarter’s $273.5 million.

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