Quarterly guidance

Revenue
$1.715 billion to $1.815 billion
Non-GAAP Gross Margin
41.5% to 43.5%
Non-GAAP EPS
$0.95 to $1.07
Non-GAAP Operating Expenses
$303 million to $318 million

Annual guidance

Capital Expenditures
Approximately 2% of revenue

Outlook

AI Data Center
Expected to double in 2027 over 2026 levels.
Automotive
Expected to resume growth in 2027 in line with long-term targets.
Industrial
Expected to increase low double-digit percentage points in the fourth quarter.
Other segment
Expected to increase high teens percentage points in the fourth quarter.
Utilization
Expected to increase as the company moves into 2027.
Ferric Acquisition
Expected to close in the fourth quarter.