CEO Victor Peng made the difference
Xilinx announced that at the end of its fiscal year 2019 the company reached record revenues of $3.06 billion for the fiscal year 2019, up 24 percent from the previous fiscal year. The three pillar strategy is playing out, with the data center first but it is clear that the company has AI, networking and 5G well embedded in its roadmap.
AI is the elephant in the room
First of all, I want to apologise to all the hard-working people that worked so many hours on the production and material of the keynote, this is not about you. Everyone did a great job, but the content picked was mostly just utterly boring.
A product no-one wanted which was not seen by the Chinese
The US government has charged an Apple hardware engineer for trying to steal the secrets of Apple’s driverless car technology.
Things to get better
Xilinx is a company that makes great products and technology but in the past didn’t manage to penetrate the mainstream IT media’s due to the complexity of its products. That is all changing now, the company with its Datacenter, AI, 5G and Automotive aspirations managed to grab a lot of attention and score 34 percent year on year growth.
Analysis: Crypto drop was inevitable
Crypto currencies are rather volatile and most people reading this are very well aware of that. The fact that it could cause Nvidia stock to drop by more than 30 percent is ridiculous as obviously, the finance community didn’t do its homework well. Long term betters on Nvidia should bet on two things, AI and Automotive, backed up by strong and stable gaming.
$6.7 billion in the quest for self-driving cars
Renesas has written a $6.7 billion cheque for Integrated Device Technology (IDT).
Growth across all departments
Nvidia has released its financial report for the second quarter of fiscal 2019, reporting revenues of $3.12 billion, as well as growth in revenue from every department in the company.
From 500 to 9K customers organically in IoT
The NXP saga has finally ended after 21 months of trying. Qualcomm paid the Dutch company $2 billion in damages due to its inability to get approval by China's regulatory agency, saying it happened because of matters beyond its control. This was the first time that the President of Qualcomm Cristiano Amon took a stage and informed business analysts about life after NXP in IoT.
Wednesday is D-Day
Qualcomm's long term bid to buy Philips spin-off NXP has until Wednesday to be finalised – and the US-Chinese trade wars haven't made things as clear as mud can be.
Mercedes gets more AI high tech
Xilinx has entered very many automotive fields for the last twelve years and and had a huge success in the forward looking camera market. The company grew to more than 4.5 million units from zero in just six years, massively increasing numbers every year. Now Daimler AG, the company behind Mercedes Benz, has revealed that iy will work with Xilinx on an in-car system using Xilinx technology for artificial intelligence (AI) processing in automotive applications.