“So that's -- in this case, about $50 million less fourth going to first.”

In context

“f that in fourth quarter, but we're going to reduce those further in first quarter. So, I do expect GPM percent to decrease probably a few hundred basis points fourth quarter to first quarter. Then, let me comment on OpEx. OpEx will increase 3% to 5% fourth to first, and that's kind of normal seasonal increases that happened in first quarter on OpEx in addition to the overall increases in investments that we're making. Beyond that, this time, it's relevant that interest income is decreasing by about $50 million. The reason that is happening is short-term interest rates are decreasing, and that's where we invest our cash. And our cash on the balance sheet, cash levels are also decreasing. So, a combination of lower interest rates and lower cash gives you a significant drop in other income. So that's -- in this case, about $50 million less fourth going to first. Toshiya Hari: Thank you. Dave Pahl: Great. Thank you, Toshiya. Yeah, we'll go to the next caller, please. Operator: Thank you. Our next question comes from the line of Chris Caso with Wolfe Research. Please proceed with your question. Chris Caso: Yes. Thank you. I guess first question will be with regard to the Embedded business. And we're seeing a sharp divergence there between those two businesses, particularly on the margin side. Can you give some explanation of what's going on between the Analog and the Embedded businesses, and is the reason for the decline in the Embedded margins? Haviv Ilan: So, Chris, let me just say a few words on the revenue side and I'll let Rafael talk about the margins over there. So, again, Embedded and Analog a little bit like many of the phenomena we see re”