“Going to 2025, we're not going to guide specifically. But as you mentioned, the outputs and takes that will help us going forward I would say first is, going forward, the largest growth driver is our Data Center business, both the CPU side, the GPU side, and you are absolutely right, we see our Enterprise Server business continue to expand. That will be a tailwind on gross margin side.”

In context

“ed business hopefully begins to recover. And then within some of your businesses like server CPU, I would expect Enterprise to grow perhaps faster off a low base. So, I do think you have a lot going for you from a gross margin standpoint. But are those points valid? And what should we be thinking about in terms of potential headwinds as well? Jean Hu: Yes. Thank you for that question. First, we are very pleased with our Q3 gross margin performance. We delivered 53.6% and we are guiding approximately 54% in Q4. In general, when you look at 2024, our gross margin improvement has been primarily driven by the mix, especially Data Center business continue to be the strong growth driver of our business, it's accounting for more than 50% of our revenue mix, that helps us to improve gross margin. Going to 2025, we're not going to guide specifically. But as you mentioned, the outputs and takes that will help us going forward I would say first is, going forward, the largest growth driver is our Data Center business, both the CPU side, the GPU side, and you are absolutely right, we see our Enterprise Server business continue to expand. That will be a tailwind on gross margin side. And secondly, Embedded business is recovering and gradually, but that will also help us with our gross margin. At the same time, we are also seeing our client business expansion nicely. Client business today is more focused on consumer side, which tend to be below corporate average. That's something headwind we'll deal with. And lastly, I would say our team has done a great job to continue to improve operational efficiency. When we scale the Company next year, you can see we're going to benefit from economics of scale to continue to drive our operational efficiency to improve gross margin. Operator: And the next question comes from the line of Aaron Rakers with Wells Fargo. Please proceed with your question. Aaron Rakers: Yes. Thanks for taking the question. I'll do two as well. I guess m”