“Our CapEx plans remain consistent with what we shared in February and will depend on revenue.”

In context

“released in the financial that we just released since the passage of the law happened in July. We are currently evaluating the changes in the legislation are going to have on future financial statements. That's why in the guide that we gave, we did not incorporate it. We need additional time to do a full evaluation. However, I would tell you that based on our initial assessment, what we expect, what would likely happen is our GAAP tax rate will increase in third quarter in 2025; however, it will decrease in 2026 and beyond. More importantly, the cash -- from a cash flow standpoint, we expect significantly lower cash tax rates for the next several years. So again, we're very pleased with that legislation. Let me speak real quickly. You mentioned -- you asked about CapEx plan specifically. Our CapEx plans remain consistent with what we shared in February and will depend on revenue. Operator: Our next question comes from the line of Jim Schneider with Goldman Sachs. James Edward Schneider: Maybe following up on some of the other questions that were asked. Could you maybe comment on some of the end markets, whether it be personal electronics or enterprise systems or otherwise, that you think may have gotten a little bit ahead of themselves or maybe run a little bit hotter into Q2 and which ones you think are sort of at risk of reverting a little bit in Q3 into Q4. Haviv Ilan: Yes. Let me take that. Remember that when we talk about the PE market and also enterprise, they're all kind of running at different phases under cyclical recovery. It started with really PE, then followed by enterprise, and comms and then Industrial joined later. As I mentioned before, the automo”