“That could be a drag to gross -- to cash flow next year and make getting it to a positive number a little bit more challenged.”

In context

“David Zinsner : I mean, no, we're going to be more thoughtful around it. I would say just if you look at the straight business and look at what we think we can do from a cash flow from operations perspective, just the base business, look at what CapEx, even if we step up CapEx investment and the offsets that we get from AMIC. Our cash flow actually looks pretty good. What -- but we are likely to have to make investments in the back end as well, particularly with third parties. That could be a drag to gross -- to cash flow next year and make getting it to a positive number a little bit more challenged. But that said, all of the investment we're making has tremendous ROI. So I think as long as we feel confident in the growth rate, confident in what we think we can do in terms of pricing and cost structure for those products. And we know that when we make investments in these nodes, the lifetime of these nodes is fairly significant and almost always drives a good ROIC, we'll make the investment. We're just going to be very careful around making bets ahead of customer commitments. I think that's the most significant change with Lip-Bu is until we really know that we've got the customers, we don't want to put a significant amount of capital. And you can read that now inversely, given our confidence around next year that we must have pretty significant confidence in our customers that we wouldn't be putting the POs in place today.”