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NEW YORK (TheStreet) -- Every night, Jim Cramer sits down with CEOs and executives on his "Mad Money" show to discuss their business, the economy, politics and more. Today we look back at his recent interviews with Moshe Gavrielov, president and CEO of Xilinx (XLNX), and Rick Hamada, CEO of Avnet (AVT), two executives with their fingers on the pulse of the tech sector.
These are excerpts from Cramer's 'Mad Money' Recap, originally published on Jan. 22 and Jan. 24, 2014.
Executive Decision: Moshe Gavrielov
For his "Executive Decision" segment, Cramer spoke with Moshe Gavrielov, president and CEO of Xilinx, an Action Alerts PLUS holding that's proven Cramer's rule of never trading on the headline. After shares plummeted on a penny-a-share earnings beat with weaker guidance, they quickly rebounded up 2.2% as savvy investors looked at the key metric, Xilinx' new 28-nanometer chip sales, which were up 79% year over year.
Gavrielov said that while Xilinx was only able to deliver at the low end of its revenue range for the quarter, its other metrics came out just fine. He said the company is still on track for 2% to 6% growth for the early and still in the early innings of the new 28 nanometer rollout.
When asked why 28 nanometers is so important, Gavrielov explained these new, smaller chips are necessary to bring features like video to cellphones. Video is very demanding on both phones and infrastructure, he noted, which is why we're seeing a surge in spending to keep wireless customers happy around the globe.