Can This Artificial Intelligence Play Become a Top Dividend Stock? -- The Motley Fool
Xilinx (NASDAQ:XLNX) is sitting on a massive opportunity thanks to the growing demand for its chips in the field of artificial intelligence (AI). The chipmaker controls the majority of the field-programmable gate array (FPGA) market -- chips that are finding traction in AI applications -- by successfully keeping rival Intel (NASDAQ:INTC) at bay on the back of solid product development moves. But AI is just one of the reasons why you should consider Xilinx for your portfolio. The chipmaker pays a dividend that's well above the tech sector's average yield of 1.11%, and it has been increasing every year since 2011. But with Intel breathing down its neck, will Xilinx be able to sustain the growth of its dividend?
Oct-12-2018, 03:56:01 GMT