Ben Reitzes

Is there any possibility that you guys broaden out your silicon providers in a reasonable time frame to alleviate these

With the rise of agents, how would you like us to think about that? Does this mean there are new products coming

the big concern out there is margins after the June quarter given component trends and all these constraints

How are you doing that with this memory, the NAND prices? Is it due to mix that there's a good less hardware and more services

if there's an opportunity for you guys to share in revenue too with that partnership like you do in search

if the resolution that we saw with the antitrust ruling with one of your partners was a boost and and if that played a role or if it was all really just organic outperformance

How is that going to trend in the December quarter? And have you turned the corner there

how's your confidence towards launching that next year? Is there anything that's been done internally to increase that confidence? Is it tied to the investment

the trajectory there improving even with subsidies because subsidies benefited your competitors, too. Just wondering if I could get a little more color there

could it be a multiple of that figure or is it just completely unknown? We're all just trying to figure out what happens after June

do you feel that there's a lot of room for form factor innovation in the future? Or do you feel that the current lineup kind of it shows where you're going

there's a perception that you're a big beneficiary of lower cost of compute and I was wondering if you could give your worldly perspective here on the DeepSeek situation

Is everything on track for the second half for starting the six gigawatts and the three point five year timeline.

there that x86 has particular edge in agents, big picture. You know, do you agree with that?

do you see it at the same run rate that you exited and then you have the ability to get at the $800 million run rate right away?

I wanted to clarify a little bit on the $1 billion increase in sequential sales. It would seem like it's coming from GPUs primarily.

can you just talk about your progress in in landing the AI Labs as customers

I wanted to ask about two things that I just was wondering if you could talk a little bit more about your Neo Cloud momentum and what that is looking like in terms of materiality

your confidence on being able to participate in some of these builds that are affiliated with some of your cloud titans

about gross margins, so obviously, they go between to 61 at the midpoint after being much higher in the first quarter

Is that potentially being an accelerator to what you have already outlined in terms of your TAM per gigawatt?

your commentary about supply visibility on those 4 major components through 2028. A, how'd you do it? This is probably the -- you're the first one to kind of go out through the '28 time frame

OpenAI contract that it's supposed to start in the second half of the year and go through 2029 for 10 gigawatts

How is the dialogue going beyond these four customers? In the past, you've talked about having seven. Now we've added a fourth to production

AI networking was really strong in the quarter, and it seemed like it must have beat expectations. I was wondering if you could just talk about the networking in particular, what caused that?

you talked about four more customers coming online. Can you just talk a little bit more about the trend you're seeing, can any of these customers be as big as the current three?

is this a run rate TAM or a cumulative TAM? Kind of meaning do we take the $12.2 million, then add some growth

What is your confidence in the rate of the CapEx growth? Like we understand you're spending now to get the revenue

Was it particularly -- was there anything in there for higher costs though or mix of GPUs that you weren't expecting?

I wanted to ask about gross margins? What is your approach here in the first quarter and for the year

I wanted to talk about the comment Mark made around the non-AI portion growing in line with the model next year

something is getting a little better on the operating margin line. Is that from cost cutting or gross margin in the fourth quarter

What are you seeing that gives you the confidence to talk about multiyear cycles, maybe highlight the key ones

on the humane and some of these sovereigns, you know, you mentioned the NVIDIA deal so much. But on one of them, you're working with AMD

we've got a lot of questions very recently about a new switch that you just put out, the 9,300 Nexus

the view that do you still think people are getting ready for AI? Or I don't know if I heard that from you this time

Are you getting a sense of what they're engaging you for? Is it they feel like there's going to be more inferencing

is there anything happening near-term that makes you feel better about that long-term target

Can you just go through the puts and takes of the pull forwards in the major segments, please?

It sounds like, you know, it is turning a little bit. You know, you beat the Street by a little bit, 2%

You mentioned it was up sequentially. Was wondering if you guys can talk about, you know, order order of magnitude there

Why will the margins improve? And what is the order of magnitude there? I think there's a perception that it's low single digits op margin

Could you be more specific on the guidance for this year with regard to tariffs? What are you factoring in for China in particular?

have you seen is that the reason that the pipeline surged and/or was that pipeline already baked?

are you still looking for double-digit growth in software long term?

are you seeing something in Europe that keeps you at bay right now? Are you seeing evidence of something slowing

Are there signs that it can accelerate from here

I was wondering if we could just talk a little bit more about the dynamics, why that occurred

I'm going to ask about Infrastructure and two aspects, one is tied to it within Software is TPP

I wanted to ask about the capex increase by about 3 billion this year and significantly.

If you could just talk about the Google deal and there's a comment I believe in the release that you signed other [ LTAs ]

With regard to CapEx, is there anything in there with regard to investing in foundry customers? Or is that still not in there?

is this mostly driven by hyperscaler? Or do you feel like the shortage is mostly impacting them, making you subseasonal? Or is the enterprise demand also are you seeing it there?

So what does that imply for 2Q to 4Q? Should we model that above seasonal or are the constraints in PC so much that we shouldn't?

can we get an update on the NVIDIA relationship timing of products? Have you gotten any feedback from customers in terms of your ability to articulate on the materiality of the relationship

Is this strategy more about partnering? Is it more about -- is there a specific Intel IP for inferencing that you're excited about? Or is it more of a Switzerland approach

are you inferring that you have a GPU-centric strategy or something else? And how should we be thinking about how you're going to attack that market?

what's the trend you're expecting into the third quarter? And what are your thoughts about share losses there

I was wondering if you could just give a little more detail about your initial talks with them. Have they reached out?

I'm trying to figure out how high it goes sequentially, as we go throughout the year

are we talking like FY '29 and FY '30 big step-ups as a result of this incrementally, because these numbers are huge.

if you could just unpack since December, the $2 billion, especially the -- how fiscal '28 got $2 billion better since December

you have a goal of $15 billion for the data center long-term by calendar year '28 are you seeing the progress

with the developments in RSI as well as AGI, what happens to industry demand?

I was just wondering the goal for the company to grow faster than hyperscaler CapEx?

sustainability of the mid-70s long term

wanted to ask you about cash

data center infrastructure spend by the end of the decade

the US was up about $5 billion or so sequentially

with the change in administration that's going to take place here in the US and the China situation, have you gotten any sense

Do your comments on Blackwell imply that we reaccelerate from there as you get more supply? Just in the first half

how long will it take your AI margins across all your OCI data centers to ramp to that level

And just wondering if how is the reception outside of the 2 customers? And when you talk about the pipeline and some of the commentary around that, are you implying that there could be more than 2 ...

What's happened since Grok? With NVIDIA? And you know, the Howard discussion is going beyond humane

Is it possible you know, how do you kinda navigate that with with all your partners?

I would assume if we're going to have an event and go through something like this, this has the opportunity to be something pretty material

What is -- what are your thoughts on doing -- having more of a tuck-in acquisition strategy there or even going bigger to get big fast

can you just draw that out a little more? Obviously, there's a perception that the Apple products are a little behind in AI

if you commit to buying $5 billion a quarter, and you do that over the next four quarters

you talked about the NBMs were being signed in this 80% margin range

this key-value cache use of the HDD tier at hyperscalers, you know, how much is that helping right now?

should we expect the first quarter fiscal to represent the low point for both sequential revenue growth