Xilinx Sales Up 10% Sequentially; Quarterly Dividend Increased $0.02 Per Share

Highlights -Second Quarter Fiscal 2010

    --  Xilinx announced design support for Virtex-6 HXT FPGAs with Version 11.3
        of the ISE(R) Design Suite software. Optimized for 40G/100G wired
        telecommunications and data communications, Virtex-6 HXT FPGAs deliver
        serial interface technology to designers of ultra-high bandwidth systems
        with line rates in excess of 11 Gigabits per second.   As the leader in
        serial connectivity solutions for FPGAs, Xilinx estimates that it
        shipped over 75% of the PLD industry's FPGAs with embedded transceivers
        in the September quarter.
    --  The Spartan-6 family continues to be the PLD industry's only 45nm
        high-volume FPGA family.  Manufactured by Samsung, this family marks the
        first time transceiver capability and high-performance PCIe and memory
        controller blocks have been integrated into a 45nm low-cost FPGA fabric.
        These key technologies enable customers to make FPGA-based products and
        platforms that are lower power, lower cost and easier to use.
    --  The Company's consistent profitability and cash flow generation--even
        during challenging economic conditions, led to the Board's recent
        decision to increase the quarterly cash dividend by $0.02 to $0.16 per
        common share.  This is the fifth time Xilinx has increased its dividend
        since initiating the dividend program in April 2004.

Business Outlook - December Quarter Fiscal 2010

    --  Sales are expected to be up approximately 6% to 10% sequentially.
    --  Gross margin is expected to be approximately 62% to 63%.
    --  Operating expenses are expected to be approximately $186 million,
        including $3 million in charges relating to restructuring activity
        announced on April 15, 2009.
    --  Other income and expense is expected to be a net expense of
        approximately $1 million.
    --  Fully diluted share count is expected to be approximately 278 million.
    --  December quarter tax rate is expected to be approximately 19%.

Conference Call

A conference call will be held today at 2:00 p.m. Pacific Time to discuss the quarter's results and management's outlook for the December quarter. The webcast and subsequent replay will be available in the investor relations section of the company's web site at www.investor.xilinx.com. A telephonic replay of the call may be accessed later in the day by calling (800) 642-1687 and referencing confirmation code 32161500. The telephonic replay will be available for two weeks following the live call.

This release contains forward-looking statements and projections. Forward-looking statements and projections can often be identified by the use of forward-looking words such as "expect," "may," "will," "could," "believe," "anticipate," "estimate," "continue," "plan," "intend," "project" or other similar words. Undue reliance should not be placed on such forward-looking statements and projections, which speak only as of the date they are made. We undertake no obligation to update such forward-looking statements. Actual events and results may differ materially from those in the forward-looking statements and are subject to risks and uncertainties including the general health of global economies as well as of the semiconductor industry, the health of our end markets and our customers' customers, our ability to forecast end customer demand, customer acceptance of our new products, the ability of the Company to generate cost and operating expense savings in an efficient and timely fashion, the ability of our customers to manage their inventories, a high dependence on turns business, the ability of our foundry suppliers to deliver sufficient wafer volumes in a timely manner, more customer volume discounts than expected, greater product mix changes than anticipated, fluctuations in manufacturing yields, our ability to deliver product in a timely manner, our ability to successfully manage production at multiple foundries, variability in wafer pricing, and other risk factors listed in our most recent Forms 10-K and 10-Q.

About Xilinx

Xilinx, Inc. (NASDAQ: XLNX) is the worldwide leader of programmable logic solutions. Additional information about Xilinx is available at http://www.xilinx.com.

Xilinx, the Xilinx logo, Virtex, Spartan, ISE, and other brands designated herein are trademarks of Xilinx in the United States and other countries. All other trademarks are the property of their respective owners.

#0952F

    XILINX, INC.
    CONDENSED CONSOLIDATED STATEMENTS OF INCOME
    (Unaudited)
    (In thousands, except per share amounts)

                             Three Months Ended         Six Months Ended
                             ------------------         ----------------
                       Sept. 26,  Sept. 27, June 27,  Sept. 26,  Sept. 27,
                            2009      2008*     2009       2009       2008*
                            ----      ----      ----       ----       ----
    Net revenues        $414,950  $483,537  $376,235   $791,185   $971,783
    Cost of revenues     158,177   177,407   143,822    301,999    353,913
                         -------   -------   -------    -------    -------
    Gross margin         256,773   306,130   232,413    489,186    617,870
                         -------   -------   -------    -------    -------
    Operating expenses:
       Research and
        development       90,145    89,501    83,233    173,378    180,235
       Selling, general
        and
        administrative    78,621    88,080    73,556    152,177    181,084
       Amortization of
        acquisition-
        related
        intangibles                      -          1,426          2,493            2,493            2,851
              Restructuring
                charges                        5,915          2,487        15,771          21,686          22,023
                                                      -----          -----        ------          ------          ------
                Total
                  operating
                  expenses                174,681      181,494      175,053        349,734        386,193
                                                  -------      -------      -------        -------        -------

        Operating  income            82,092      124,636        57,360        139,452        231,677
        Impairment  loss
          on  investments                        -      (29,001)                -                    -        (33,622)
        Interest  and
          other  income
          (expense),  net              (1,782)        7,240      (10,910)      (12,692)        11,718
                                                    ------          -----      -------        -------          ------

        Income  before
          income  taxes                  80,310      102,875        46,450        126,760        209,773
        Provision  for
          income  taxes                  16,272        21,815          8,444          24,716          45,535
                                                    ------        ------          -----          ------          ------
        Net  income                      $64,038      $81,060      $38,006      $102,044      $164,238
                                                  =======      =======      =======      ========      ========

        Net  income  per  common  share:
            Basic                                $0.23          $0.29          $0.14            $0.37            $0.59
                                                      =====          =====          =====            =====            =====
            Diluted                            $0.23          $0.29          $0.14            $0.37            $0.59
                                                      =====          =====          =====            =====            =====

        Cash  dividends
          declared  per
          common  share                    $0.14          $0.14          $0.14            $0.28            $0.28
                                                      =====          =====          =====            =====            =====

        Shares  used  in  per  share  calculations:
            Basic                            276,353      276,169      275,523        275,735        277,357
                                                  =======      =======      =======        =======        =======
            Diluted                        276,988      277,714      276,258        276,271        279,258
                                                  =======      =======      =======        =======        =======


        *  As  adjusted  due  to  the  retrospective  adoption  of  the  accounting
            standard  for  convertible  debentures  in  the  first  quarter  of  fiscal  2010



        XILINX,  INC.
        CONDENSED  CONSOLIDATED  BALANCE  SHEETS
        (In  thousands)

                                                                                  Sept.  26,        March  28,
                                                                                        2009                  2009*
                                                                                        ----                  ----
                                                                                (Unaudited)

        ASSETS
        Current  assets:
            Cash,  cash  equivalents
              and  short-term  investments          $1,517,610      $1,324,933
            Accounts  receivable,  net                      226,673            216,390
            Inventories                                                100,957            119,832
            Deferred  tax  assets  and
              other  current  assets                              99,192              91,313
                                                                                    ------              ------
        Total  current  assets                              1,944,432        1,752,468
        Net  property,
          plant  and  equipment                                  371,689            387,907
        Long-term  investments                                352,375            347,787
        Other  assets                                                  292,189            323,739
                                                                                  -------            -------
        Total  Assets                                            $2,960,685      $2,811,901
                                                                            ==========      ==========

        LIABILITIES  AND  STOCKHOLDERS'  EQUITY
        Current  liabilities:
            Accounts  payable  and  accrued
              liabilities                                            $216,701          $170,702
            Deferred  income  on  shipments
              to  distributors                                        75,755              62,364
                                                                                    ------              ------
        Total  current  liabilities                        292,456            233,066
        Convertible  debentures                              353,471            352,110
        Deferred  tax  liabilities                          206,714            196,189
        Other  long-term  liabilities                    141,906              81,776
        Stockholders'  equity                              1,966,138        1,948,760
                                                                              ---------        ---------
        Total  Liabilities  and
          Stockholders'  Equity                          $2,960,685      $2,811,901
                                                                            ==========      ==========

        *  Derived  from  audited  financial  statements  and  adjusted  due
            to  the  retrospective  adoption  of  the  accounting  standard  for
            convertible  debentures  in  the  first  quarter  of  fiscal  2010



        XILINX,  INC.
        SUPPLEMENTAL  FINANCIAL  INFORMATION
        (Unaudited)
        (In  thousands)                          Three  Months  Ended                  Six  Months  Ended
                                                              ------------------                  ----------------
                                                  Sept.  26,    Sept.  27,  June  27,    Sept.  26,    Sept.  27,
                                                            2009            2008*          2009              2009              2008*
                                                            ----            ----            ----              ----              ----

        SELECTED  CASH  FLOW  INFORMATION:
            Depreciation                  $12,056      $13,309      $13,009        $25,065        $28,729
            Amortization                      3,260          4,176          5,307            8,567            8,351
            Stock-based
              compensation                  11,762        13,724        13,729          25,491          28,147
            Net  cash  provided
              by  operating
              activities                    117,976        94,700      146,967        264,943        253,197
            Purchases  of
              property,  plant  and
              equipment                        (4,133)    (11,777)      (4,714)        (8,847)      (21,650)
            Payment  of
              dividends  to
              stockholders                (38,744)    (38,697)    (38,574)      (77,318)      (77,625)
            Repurchases  of
              common  stock                            -    (125,000)                -                    -      (275,000)
            Proceeds  from
              issuance  of  common
              stock  to  employees
              and  excess  tax
              benefit                            15,677        49,856      (16,056)            (379)        81,387

        STOCK-BASED  COMPENSATION  INCLUDED  IN:
              Cost  of  revenues          $1,272        $1,497        $1,115          $2,387          $3,079
              Research  and
                development                    5,205          6,293          5,996          11,201          12,647
              Selling,  general
                and
                administrative              5,285          5,629          5,673          10,958          11,857
              Restructuring
                charges                                    -              305              945                945                564

        *  As  adjusted  due  to  the  retrospective  adoption  of  the  accounting
            standard  for  convertible  debentures  in  the  first  quarter  of  fiscal  2010
 





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