Report
Abhinav Davuluri

Xilinx Highlights Data Center Opportunity at Analyst Day; Shares Remain Overvalued

On May 22, Xilinx hosted its analyst day at which management outlined how it will prioritize the data center opportunity for FPGAs going forward. We note this strategy corroborates with Intel’s acquisition of Altera, as FPGAs have been gaining traction in accelerating workloads related to artificial intelligence, or AI. Xilinx also shed light on its recently announced adaptive compute acceleration platform, a highly integrated multicore, heterogeneous platform (featuring FPGAs, system on chips, ...
Underlying
Xilinx Inc.

Xilinx designs and develops programmable devices and associated technologies, including: integrated circuits (ICs) in the form of programmable logic devices (PLDs), including programmable System on Chips and three-dimensional ICs; Adaptive Compute Acceleration Platform, a multi-core heterogeneous compute platform; software design tools to program the PLDs; software development environments and embedded platforms; targeted reference designs; printed circuit boards; and intellectual property (IP), which consists of the company and third-party verification and IP cores. In addition to its programmable platforms, the company provides design services, customer training, field engineering and technical support.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Abhinav Davuluri

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