But cloud still making money
Beancounters at Gartner have added up some numbers and divided them by their collective shoesize and reached the conclusion that global tech spending will drop eight percent in 2020.
$3.16 billion, data center 22 percent revenue growth
The fiscal year 2020 (April 2019 to April 2020) was a challenging year for anyone trading with China due to the US government pressures on Huawei. Despite all these challenges, Xilinx managed to make $3.16 billion revenue or three percent higher, year over year.