“gives us some real confidence that this is going to be well north of a double-digit CAGR for us in terms of growth rate over the next few years.”

In context

“David Zinsner : Yes. I mean I think obviously, we're driving -- well, maybe step back and say, all of our server wafers are procured internally for the most part. Some of the ASIC stuff isn't. But for the most part, it's all procured. And we are investing heavily in expanding the wafer starts in our key nodes. In particular, the most important node for us on servers is Intel 3 because that's how we -- that's our node to produce Granite Rapids. And we're seeing tremendous demand there. In fact, as strong as demand is across all of our products within data center, Granite Rapids is extremely tight because the reception there has been fantastic. So we are building capacity there over time. It will be a little bit chunky. But I think in general, we have a pretty good ramp of Intel 3 planned for the rest of this year and next year. The challenge, as I said, is it's not just the front end that we have to expand capacity. We also have to expand capacity on the back end. That then gets into areas that are tight like substrates. And so we're working to expand that. I think they did a good job in the first half of the year, getting more capacity, but more work to be done to drive that to the levels that we would need. I think when we're talking about the market in general, we're talking about it from a units perspective, that's -- we think the growth rate on a unit basis looks quite good. Obviously, the units are getting more weighted average core counts. And generally, this market is priced on an ASP per core basis. So as you get more cores, you easily get more ASP uplift. And so that will definitely be a component of the revenue growth in this business and gives us some real confidence that this is going to be well north of a double-digit CAGR for us in terms of growth rate over the next few years.”