Shares of Xilinx, Inc (NASDAQ: XLNX) surged nearly 6% today after the company raised its fiscal first-quarter revenue guidance. As a result, the buyers are now pushing the stock price towards the 5-month high. Fundamental analysis: Business boosted by increase in traffic with China Xilinx, a developer of highly flexible and adaptive processing platforms, raised its fiscal first-quarter revenue guidance today. The California-based company says it noted a surge in the demand as the global markets revolver from the COVID-19 outbreak. Xilinx’s announced a preliminary revenue of $720 million to $734 million for the fiscal first quarter. This is higher
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