San Jose-based chipmaker Xilinx yesterday Thursday reaffirmed its previously announced sales outlook for the current quarter.
However, the company slightly lowered its gross margin forecast for the quarter, blaming the downgrade on an unfavorable "mix shift in the new product category," withholding further details. in a statement.
Xilinx said Q2 its fiscal Q2 2007 revenue is still expected to be up 1 percent to 5 percent from the $472.3 million it posted last quarter. The company further said it expects Q2 gross margin to dip to 62 percent, as opposed to the 62.5 percent it had forecast previously.
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