Tim Arcuri

You have been thinking that you're shipping about 10% to 12% below consumption. Where do you see that in the guidance for April?

you talked about Maxim revenue synergies. Can you update us on that? I know you said you're on track, but maybe you can give us a sense of where that stands

Can you just talk do you think you're now shipping above consumption in these markets? How do you view sort of where we are?

you just mentioned that fiscal Q2 is gonna be up. I'm wondering what you consider normal seasonal to be in fiscal Q2

is there a risk that this spreads and maybe it sort of then captures more in the net

on a pro forma basis, that actually is growing because you're taking the 200-millimeter equipment business

is the message that you could do like $10 billion in system sales

what you think the total business will grow for this year? And then my question is, most of the other companies expect WFE to be pretty first half-weighted

do you think you gained WFE share? That's the first question. And then how do you kind of assess, Gary, headwind from these

you said that advanced node revenue is going to double. You said it was $2.5 billion I think this year

how much WFE spending do you think has to be spent to support that much revenue

how much of that growth either in June or for the year, is like units versus pricing?

your competitor has talked about the low latency part of the market being 20% plus

Can you give us a sense maybe of the other pieces? And then also, can you give us a sense of how, you know, data center GPU is gonna ramp through the year?

can you give us maybe some anecdotes of how this has influenced your position in the market with other customers?

Can you get to, say, $7 billion for the year? And can you give us some -- maybe a milepost on what you're assuming for Q3?

Is that going to be a material portion of the revenue you're going to recognize for MI355 in the back half of the year?

Is that just due to ZT or is there something else happening there

wondering if you still think that the server CPU business can grow in line with that core kind of mid-to-high teens.

Jean can you just give us a sense of where data center GPU came in for December?

UALink, which, of course, you left. And now there's the big GPU company opening up NVLink, and they're both trying to build ecosystems, and there's an argument that you're an ecosystem of one

do these four new customers, do they add to that seven million unit number?

is there a way to sort of quantify like how much demand you're sort of missing out on?

it seems like Terafab is a little bit of a different deal and maybe even like a process licensing agreement

what do you define as like success in that business? I think prior to you arriving, the mantra was sort of to be #2 -- the #2 foundry player by 2030

I'm wondering if you can kind of pro forma that for us like if you could meet all the demand, what would the kind of unconstrained guidance be for March?

I'm wondering -- and this is probably a hard question to ask -- to answer, but I wonder if you could maybe just kind of fast forward a bit and say like what would gross margin be if you were off of...

you didn't give an update last call on Diamond Rapids launch date. I know the whole road map is under review, but you did sound -- the company sounds fairly optimistic about Coral Rapids

Could you take like $5 billion out of gross CapEx next year? If you can give some sense on that

How do you think about that? And how can you update us on sort of what you're tracking?

Can you help us with sort of what a clean number is for March? You guided 36%, but that was supposed to have some COGS headwinds

you took the CapEx to the low end, but there's $1.2 billion outflow that's in the financing section

can you just sort of level set us for kind of how to think of the incrementals from here?

I just wanted to come back to this idea that you're outgrowing WFE this year. You're guiding up sort of high teens

I wanted to ask you about the pushout of High-NA. And just like what the puts and takes are for you?

I think you meant the back half of the year. Is that a half on half comment?

can you give us RPO? I know it was $7.9 billion last quarter. Where did it end this quarter?

you were thinking up 10% for the year, but you seem to be running ahead of that?

can you give us RPO?

what about EPC? It was up a lot this quarter. It grew a lot in, well, it didn't grow that much, but it grew a lot in Q4

are you seeing these signs of these huge new fab projects, sort of the customer base expanding

can you like deconstruct how you got here so fast? And maybe also, I think people want to hear how much capacity you have

you're guiding, you know, WFE to a 135 this year. I mean, if we use semiconductor revenue and you assume sort of a normal WFE in number, seems like could get to, like, a 150. So maybe the constrain...

the incremental 4 to 500,000,000, where did that come from? It sounds like maybe a little bit of it pulled in from the first half of next year.

do you think that December revenue is down as well just like gross margin? Or do you think it's pretty flat?

you made a comment on the call that you're, I think you said, quote, taking steps to limit the impact of tariffs. Can you talk about that?

Doug, can you speak about the gross margin? The guidance is pretty good. And you talked about

Do you have any update on that? What do you think the pro forma growth rate is for Microchip?

should we expect margins to be higher this time around than they were at the same revenue level last time

do you have a way to determine what consumption is in June relative to your guidance

how long you think it could take the distribution channel to sort of get back to normal

does revenue have to get all the way back to 1.8 before you're no longer burdened by underutilization

there is some speculation that you actually might be moving into the compute TAM, and that is by far the biggest custom compute wallet out there

Since you're guiding optics up double digits, can you give us a sense of sort of what the baseline is for the optics business

did the customer think does this grow a little faster than that? That's why the gross margin was a little lower

I think last quarter, you said that AI was about 55% of data center. I wonder if it was in the same range

Did you mean half of AI's optics so that the AI breakdown is basically roughly half is optics and then half is custom ASIC

you had guided AI to $2.5 billion this year. I think you said you used the word very significantly

is it fair to say that there is a mechanism in these SCAs that would limit your gross margin on the downside

You are going to generate, I do not know, $35,000,000,000 to $40,000,000,000 in free cash flow

So you took it up to $20 billion net

I wanted to ask you about customer LTAs

I guess you had previously guided us to, like, a $100 billion HPN TAM by 2028

Can you help us how that splits out between DRAM and NAND

I wanted to ask sort of how you see the HBM TAM scaling with the accelerator TAM

You're guiding revenue up about $750 million. How much of that is coming from DRAM versus NAND

in terms of your DRAM bit shipments, you're sort of saying that they're going to be in line with the mid-teens for calendar '25. Is that right?

NAND demand is up low doubles, but I would guess you're going to under-ship that for the year. Is that fair?

the traction you are getting with some of these custom merchant things you are doing, stuff like, you know, CPX and LPX

what's the single biggest bottleneck that worries you that could constrain your growth

You said 50% CAGR for the AI market

July guidance assumes there's no SKU replacement for the H20

we hear a lot about custom ASICs

is that still the right way to think about it that Blackwell will crossover Hopper in April?

is the assumption still the same that like around your share in Apple

do you have any update on the Huawei license? I know we're still waiting for it. And maybe what's the sticking point?

is there any update on the negotiation with Huawei for a license? It seems like it's kind of dragging on a little bit

is there anything besides just the macro that you would sort of, point us away from thinking of that as like a normal, Q3?

is that a segment that you've seen any evidence of pull forward of demand

is there any evolution in the way you're thinking about the modem situation that your large customer?

can you give us an idea of how big the PC business was within IoT? You said you were 10%, I think, of the $800 or sorry, the above $800 laptop market

how does that fit with the idea that you're not growing units? Or are you, in fact, beginning to grow units

is it right to assume that pricing is also locked in for all of '26?

So sort of by definition, you have a year worth of visibility. Are you changing how you book that capacity?

How much of that's related to the $200 million that you lost in March, I know it's probably a little hard to tell

can you clarify exactly what you meant by, the entirety of the impact is being felt in March?

are there any puts and takes where you would call out for the third calendar quarter that it would be any different than the usual up like 12%, 13%, 14% sequentially?

can you talk a little bit about your content trajectory at your largest customer?

you have about a $1 billion left on your repo authorization. The stock has obviously come in

So is that total [ 11 5 ] for the year, is that like a reasonable TAM number for the year?

can you break down the SoC TAM in 2025, the $7.2 billion

can you just maybe give us a little bit of a sense on Q1? I mean, is it -- should we expect it to be down a little bit?

can you give us a sense like it seems like it's maybe evenly split between memory and SSD. Is that a fair just general number to kind of think about in terms of the composition of the growth in cal...

So can you just help us like size how big that can be and sort of when it starts to impact your business?

does it make you optimistic about your mobile market and your large customer in particular next year?

this is such a big order, when does it help the business? Does it ship in the back half of the year?

can you give us some TAM updates from what you provided during the Analyst Day?

these numbers would imply that the test intensity is like less than 1% for that stuff

I wonder if you can comment just on the behavior of customers. I know you're guiding up a little better than seasonal off of a number in March that was very strong

I know typically you don't break the guidance down by segment, but just given how different it was in March

are you thinking about loadings that you wanna keep inventory sort of in this four eight range? And you just wanna match loadings with demand from here

can it go lower than that? Because I seem to recall a comment at our conference in December that it could go, like, lower than 5% of revenue next year

I'm wondering if you can talk about the linearity of bookings through the quarter. I know, in the June quarter, things had softened throughout the quarter

is there any way for you to know how much of this is pull-ins ahead of the tariffs? I mean, is there any way your discussions with customers

Is there a way to handicap sort of what your exposure is in China to these retaliatory tariffs

So is 13.5 million is that kind of like should we think about that as the high watermark for the number of drives you could produce in a quarter