Shane Brett

“So my first question is on FoundryLogic. At your 2025 investor day, you talked about your FoundryLogic SAM per wafer increasing 2x. Just how far are we towards that 2x with the shift from 3 nanometer to 2 nanometer?”

“So my first question is, if I take your guidance, you're growing products in the low to mid-20s, which is a bit below WFE this year, but I think that's more so due to process control intensity being quite a bit lower this year and nothing idiosyncratic.”

“So I want you guys to help us unpack the gross margin portion a little bit. If my numbers are correct, your gross margin ex palladium for the June quarter would have been kind of in the mid 48% range.”

“So my first question, I want to follow up on some of the early questions on advanced node business. So that's growing north of 35% despite process control intensity in the industry not being as favorable, just with quite a bit of 3nm and 1cd RAM additions, and just a head of peers.”

“So I actually wanted to follow up on your answer to Krisha's question just now on second wave customers growing to the same level as your largest hyperscale customers.”