Blayne Curtis

I actually kind of wanted to ask about the plans outsourced versus in-source. So obviously, pre-pandemic, you're leaning more towards external

in terms of the Scorpio ramp, I know last quarter you talked about it being 20% of revenue.

can you give us a little bit more color as to what drove the beat and what changed during the quarter?

as you look to September, you have $15 million of growth, how to think about areas for Scorpio

Can you walk us through the progression of scale up in your participation and kind of can you maybe set some timing?

as Scorpio ramps, how that mix shifts and what the impacts are shape of gross margins for this year

I think you said 54% for systems, I mean, it had kind of popped up to that level

I'm just kind of curious on OpEx, obviously, you're seeing a bigger growth path. So I would expect you to ramp up OpEx

do you think that the older products will stay around longer?

I think there is a lot of concern about share within that customer.

Just clarification, Hock, on the greater than $100 billion. I think you said AI chips. I just want to make sure you're clarifying the difference between the ASICs and networking

I just wanted to with the follow-on order as well as the fifth customer, can you just maybe describe how you're gonna deliver those? Is it an XPU, or is it a rack?

I'm just kind of curious your visibility or the timing in terms of when you might be shipping a switched Ethernet scale-up network to your customers?

I thought I heard you say that AI networking revenue was 76% of networking. I just couldn't get that math right

I wanted to ask about scale-across just becoming a big talking point. You called it out in the comm business

I just want to better understand the tailwinds. You called out 6-inch as being the biggest driver

Is there a way to think about how much that is still capacity constrained? And is there anything beyond EMLs that is constrained

you're doubling capacity, but it takes time to get your lasers in and qualified. So -- is there a way to think about the timing?

When you say yields are in a good spot and improving, is there a way to think about where those 18A yields are versus the successful product that you've seen in your history

I had 2. Just on the CapEx, I think you reiterated $18 billion, but I think you spent, I guess, less than I was modeling in Q3. So is that really still the number?

was that always the plan to have DRAM up this much? Or have things been pulled in?

I wanted to just understand the strength in Reliant, you know, with China down. Is that multinational?

Obviously, AI is super strong. I think there's a lot of concerns about maybe some inventory in the HPM side.

Just kind of curious your conversation with customers. I mean, there's some sense people think, hey. They'll pull in ahead of tariffs.

I am curious how to think about OpEx for the fiscal year.

is that the kind of growth you are seeing? And is there any headwind still in that segment that are going down?

the other product revenue was up 18% sequentially. I think you said in the filing, was a license sale

is that the right way to kind of add back that 4%, 5% headwind to the 58% that you just guided to

Is the -- when you look at how you set the guide. Is it the level of turns you're looking for in the quarter the same? Or is it different

You talked about lead times extending from 48%, 6% to 10%, 8% to 12%. Is that now or is that where you expect it to go

when things normalize, do you expect to get back to where you were pre-pandemic

I'm just kind of curious your perspective if you think that's the right move or the wrong move

when you said the company can outgrow the market, is that going to be a work in progress

can you walk us through the gross margin a bit? Because I think it stepped down more

on OpEx over the next couple of quarters here. I had thought that you had some pay cuts that would kind of come back in

it sounded like last quarter you were hopeful of some green shoots. You said they were uneven

I wanted to ask about specifically the CXL opportunity alongside accelerators. How real is that opportunity

is that custom business growing 30% this year? I just want to figure out the base that you're going to double. And can you talk about that second major XPU customer

you did file an 8-K and it says you graded Amazon a warrant for 1 million shares to buy photonic fabric

I'm curious if that's still the right level. And when you look at these next generations, I'm glad you're involved with all those

You've talked in the past, I think, about getting back to maybe $2 billion-plus run rate

it might be a record. I'm just kind of curious the drivers behind that

is the cyclical tailwind slowing? And I guess maybe you can look at the different markets and if you feel differently about them

you're walking away from $90 million a quarter over two quarters. Is that a positive or a negative for gross margin?

Thoughts about growth in that segment for '26.

is there a way to think about as we try to layer on that growth, how it impacts those two buckets?

how you're thinking about this guide, which is down 1%. Do you feel like that is a more normal range for you? Or do you think you're undershipping the market?

it kind of came in the high end of the range in June, kind of what's your expectation for [ disti ] in the September guide?

I'm just kind of curious if you can just talk about March demand by geography and auto?

how much of that is in terms of the guidance for March, are you planning on some of that delta coming out in March

Any perspective on where high bandwidth flash fits into that?

how you're gonna handle OpEx. You know, I think the percentage of revenue is now in half

Is this now the way to think about it? You'll keep it flat until you see a more robust recovery in the top line