Xilinx Creeps Up 0.5% on Buyback

Specialty chipmaker

Xilinx

(XLNX) - Get Report

edged up 0.5% in preopen

Island

trading after its board approved a $250 million share buyback program. Other semiconductor stocks were lower in the preopen. Sector bellwether

Intel

(INTC) - Get Report

was down 2.4%.