“Non-GAAP other net income to be approximately $35 million, non-GAAP effective tax rate to be 13%.”

In context

“ear with $9.4 billion authorization remaining in our share repurchase program. Now turning to our first quarter 2026 outlook. We expect revenue to be approximately $9.8 billion plus or minus $300 million including approximately $100 million of MI308 sales to China. At the midpoint of our guidance, revenue is expected to be up 32% year over year, driven by strong growth in our data center and the client and gaming segment. And modest growth in our embedded segment. Sequentially, we expect revenue to be down approximately 5% driven by seasonal decline in our client gaming and embedded segment partially offset by growth in our data center segment. In addition, we expect fourth quarter non-GAAP gross margin to be approximately 55%, non-GAAP operating expense to be approximately $3.05 billion. Non-GAAP other net income to be approximately $35 million, non-GAAP effective tax rate to be 13%. And diluted share count is expected to be approximately 1.65 billion shares. In closing, 2025 was an outstanding year for Advanced Micro Devices, Inc., reflecting disciplined execution across the business to deliver strong revenue growth, increase profitability, and cash generation while investing aggressively in AI and innovation to support our long-term growth strategy. Looking ahead, we are very well positioned for continued strong top-line revenue growth and earnings expansion in 2026. With a focus on driving data center AI growth, operating leverage, and delivering long-term value to shareholders. With that, I'll turn it back to Matt for the Q&A session. Matt Ramsay: Yes. Thank you very much, Jean. Operator, please go ahead and open the Q&A session. Thank you. Operator: Thank you, Ma”