Huawei exposure roils Xilinx’s revenue forecast

NEW DELHI: Xilinx Inc on Wednesday forecast current-quarter and full-year revenue below Wall Street estimates, the second major chipmaker this week to flag the impact of a prolonged U.S.-China trade dispute on its business.

The company said the forecast takes into account the impact from the U.S. government’s restrictions on Huawei Technologies Co Ltd and assumes no revenue from the Chinese telecommunications firm.

Xilinx, which has resumed some sales to Huawei since the ban in May, said the U.S. government has not approved its license applications to permit shipping more products to Huawei.