Exhibit 99.1

Investor Relations Contact:
Lori Owen
Xilinx, Inc.
(408) 879-6911
ir@xilinx.com

XILINX ANNOUNCES THIRD QUARTER FISCAL 2011 RESULTS

SAN JOSE, CA, January 19, 2011— Xilinx, Inc. (Nasdaq: XLNX) today announced third quarter fiscal 2011 sales of $567.2 million, down 8% sequentially and up 10% from the third quarter of the prior fiscal year. Third quarter fiscal 2011 net income was $152.3 million, or $0.58 per diluted share.

The Xilinx Board of Directors announced a quarterly cash dividend of $0.16 per outstanding share of common stock, payable on March 2, 2011 to all stockholders of record at the close of business on February 9, 2011.

Additional third quarter comparisons are represented in the charts below:

GAAP Results
(In millions, except EPS)

		Q3				Q2				Q3				Growth Rates
		FY 2011				FY 2011				FY 2010				Q-T-Q				Y-T-Y
Net revenues		$	567.2			$	619.7			$	513.3				-8	%			10	%
Operating income		$	183.5			$	222.7			$	136.6				-18	%			34	%
Net income		$	152.3			$	170.9			$	106.9				-11	%			42	%
Diluted earnings per share		$	0.58			$	0.65			$	0.38				-11	%			53	%

The sales decline during the quarter was driven primarily by weaker than anticipated wireless communications sales to customers in Europe and North America.

“While we did not achieve a fifth consecutive quarter of record sales, I am pleased with the Company’s continued focus on cost reduction and financial discipline. This is reflected in gross margin and operating margin of 65.7% and 32%, respectively, in the December quarter. This is up from 64.1% and 27% in the same quarter of the prior year,” said Moshe Gavrielov, Xilinx President and Chief Executive Officer. “As we embark upon 2011, I am encouraged by initial manufacturing milestones we have achieved on the new 28nm technology node. When coupled with the competitive advantages offered by our 7 series FPGAs, I believe Xilinx is positioned to establish clear market share leadership on this technology node.”

Net Revenues by Geography:

		Percentages
		Q3				Q2				Q3				Growth Rates
		FY 2011				FY 2011				FY 2010				Q-T-Q				Y-T-Y
North America			30	%			30	%			35	%			-7	%			-5	%
Asia Pacific			38	%			35	%			36	%			-1	%			19	%
Europe			22	%			26	%			20	%			-22	%			21	%
Japan			10	%			9	%			9	%			-3	%			14	%

Net Revenues by End Market:

		Percentages
		Q3				Q2				Q3				Growth Rates
		FY 2011				FY 2011				FY 2010				Q-T-Q				Y-T-Y
Communications			45	%			48	%			46	%			-14	%			8	%
Industrial & Other			34	%			31	%			32	%			-2	%			15	%
Consumer & Automotive			15	%			15	%			15	%			-6	%			15	%
Data Processing			6	%			6	%			7	%			-6	%			-6	%

Net Revenues by Product:

		Percentages
		Q3				Q2				Q3				Growth Rates
		FY 2011				FY 2011				FY 2010				Q-T-Q				Y-T-Y
New			43	%			44	%			33	%			-10	%			46	%
Mainstream			27	%			27	%			33	%			-11	%			-11	%
Base			25	%			25	%			29	%			-7	%			-6	%
Support			5	%			4	%			5	%			13	%			13	%

Products are classified as follows:

New Products: Virtex^®-6, Virtex-5, Spartan^®-6, Spartan-3A and Spartan-3E product families Mainstream Products: Virtex-4, Spartan-3, Spartan-II and CoolRunner™-II product families Base Products: Virtex, Virtex-E, Virtex-II, Spartan, XC4000, CoolRunner and XC9500 product families Support Products: Configuration products, HardWire, Software & Support/Services

Key Statistics:

(Dollars in millions)

		Q3				Q2				Q3
		FY 2011				FY 2011				FY 2010
Annual Return on Equity (%)*			30				32				14
Operating Cash Flow		$	333			$	42			$	185
Depreciation Expense		$	13			$	13			$	13
Capital Expenditures		$	15			$	15			$	9
Combined Inventory Days			130				89				85
Revenue Turns (%)			44				48				58

Highlights — Third Quarter Fiscal 2011

•

Xilinx announced the industry’s first stacked silicon interconnect technology for delivering breakthrough capacity, bandwidth and power savings using multiple FPGA die in a single package. This platform approach is the result of five years of Xilinx research and development efforts coupled with industry leading technology from TSMC and our assembly suppliers. Representing a significant step in FPGA evolution, this innovation is expected to extend the range of applications addressed by programmable logic.

•

Xilinx demonstrated its commitment to delivering superior transceiver performance for optical communications by announcing the availability of Virtex-6 HXT FPGAs that support 40Gbps and 100Gbps. Additionally, with its Virtex-7 HT FPGAs, Xilinx demonstrated 28Gbps serial transceiver performance required for next generation 100-400Gbps applications. These 28nm devices are equipped with the industry’s highest-speed and lowest jitter serial transceivers available in an FPGA to support stringent optical and backplane protocols.

Business Outlook — March Quarter Fiscal 2011

	•		Sales are expected to be flat to up 5% sequentially.
	•		Gross margin is expected to be approximately 65% plus or minus one percentage point.
	•		Operating expenses are expected to be approximately $195 million, including approximately $6 million in restructuring charges.
	•		Other income and expense is expected to be an expense of approximately $9 million.
	•		Fully diluted share count is expected to be approximately 266 million.
	•		March quarter tax rate is expected to be approximately 21%.

Conference Call

A conference call will be held today at 2:00 p.m. Pacific Time to discuss the third quarter financial results and management’s outlook for the March 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 32142705. 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,” “believe,” “may,” “will,” “could,” “anticipate,” “estimate,” “continue,” “plan,” “intend,” “project” or other similar expressions to identify such forward-looking statements that include, but are not limited to, statements related to the semiconductor market, the growth and acceptance of our programmable platforms, expected revenue growth, the demand and growth in the markets we serve, opportunity for expansion into new markets, and our expectations regarding our business outlook for the March quarter for fiscal 2011. 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 customer acceptance of our new products, current global economic conditions, the health of our customers and the end markets in which they participate, our ability to forecast end customer demand, a high dependence on turns business, 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-Q and 10-K.

About Xilinx

Xilinx is the world’s leading provider of programmable platforms. For more information, visit 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.

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

		Three Months Ended												Nine Months Ended
		Jan. 1,				Oct. 2,				Jan. 2,				Jan. 1,				Jan. 2,
		2011				2010				2010				2011				2010
Net revenues		$	567,190			$	619,666			$	513,349			$	1,781,593			$	1,304,534
Cost of revenues			194,419				213,260				184,320				615,855				486,319
Gross margin			372,771				406,406				329,029				1,165,738				818,215
Operating expenses:
Research and development			98,453				96,578				101,867				289,515				275,245
Selling, general and administrative			86,531				87,174				85,037				257,763				237,214
Amortization of acquisition-related intangibles			—				—				—				—				2,493
Restructuring charges			4,276				—				5,531				4,276				27,217
Total operating expenses			189,260				183,752				192,435				551,554				542,169
Operating income			183,511				222,654				136,594				614,184				276,046
Impairment loss on investments			—				—				(3,041	)			—				(3,041	)
Interest and other expense, net			(3,302	)			(3,484	)			(542	)			(11,916	)			(13,234	)
Income before income taxes			180,209				219,170				133,011				602,268				259,771
Provision for income taxes			27,868				48,275				26,103				120,445				50,819
Net income		$	152,341			$	170,895			$	106,908			$	481,823			$	208,952
Net income per common share:
Basic		$	0.59			$	0.66			$	0.39			$	1.82			$	0.76
Diluted		$	0.58			$	0.65			$	0.38			$	1.79			$	0.75
Cash dividends declared per common share		$	0.16			$	0.16			$	0.16			$	0.48			$	0.44
Shares used in per share calculations:
Basic			259,418				260,151				276,832				265,085				275,989
Diluted			263,612				263,286				278,566				268,778				277,030

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

		Jan. 1,				Apr. 3,
		2011				2010
		(Unaudited)
ASSETS
Current assets:
Cash, cash equivalents and short-term investments		$	1,764,765			$	1,386,605
Accounts receivable, net			369,657				262,735
Inventories			242,532				130,628
Deferred tax assets and other current assets			153,701				127,098
Total current assets			2,530,655				1,907,066
Net property, plant and equipment			376,764				365,878
Long-term investments			660,167				582,202
Other assets			290,847				329,172
Total Assets		$	3,858,433			$	3,184,318
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued liabilities		$	294,483			$	277,029
Deferred income on shipments to distributors			80,536				80,132
Total current liabilities			375,019				357,161
Convertible debentures			887,197				354,798
Deferred tax liabilities			368,521				294,149
Other long-term liabilities			54,090				57,740
Stockholders’ equity			2,173,606				2,120,470
Total Liabilities and Stockholders’ Equity		$	3,858,433			$	3,184,318

XILINX, INC.
SUPPLEMENTAL FINANCIAL INFORMATION
(Unaudited)
(In thousands)

		Three Months Ended												Nine Months Ended
		Jan. 1,				Oct. 2,				Jan. 2,				Jan. 1,				Jan. 2,
		2011				2010				2010				2011				2010
SELECTED CASH FLOW INFORMATION:
Depreciation		$	12,500			$	12,747			$	12,867			$	37,438			$	37,932
Amortization			1,873				1,943				3,210				5,559				11,777
Stock-based compensation			14,754				15,421				15,519				45,295				41,010
Net cash provided by operating activities			332,527				41,616				185,478				479,185				450,421
Purchases of property, plant and equipment			14,880				15,177				8,693				48,324				17,540
Payment of dividends to stockholders			41,489				41,645				44,299				126,951				121,617
Repurchases of common stock			2,634				32,976				25,000				468,943				25,000
Proceeds from issuance of common stock to employees and excess tax benefit			24,991				41,816				13,546				72,624				13,167
STOCK-BASED COMPENSATION INCLUDED IN:
Cost of revenues		$	1,092			$	1,312			$	1,291			$	3,671			$	3,678
Research and development			7,120				7,341				7,289				21,665				18,140
Selling, general and administrative			6,542				6,768				6,939				19,959				18,247
Restructuring charges			—				—				—				—				945