Ed Yang

can you bridge your updated '26 WFE view of greater than $140 billion and your expectation of growth in 2027

You mentioned having procured enough hits now. Is that through calendar year '26 or possibly longer?

are you seeing any change in engagement there?

is the semi-cap industry position to serve that scale of demand? Or is the ecosystem discounting some of these projections as aspirational?

This is the third consecutive quarter where you've not only beat numbers, but the guidance has also exceeded consensus by double digits.

It sounds like that's sustainable, but just wondering where that ceiling can go?

is it fair to say that you're not really seeing any offsets necessarily from higher memory cycle

I just wanted to come back to the level of conservatism that's embedded in the 2026 revenue guide around 6.5% or so