“First on CapEx. We continue to expect CapEx for 2026 between $2 and $3 billion.”

In context

“we want if demand wants to be very strong, we can be in a great position to support it. On the Lehigh side, also on schedule, I'm very pleased with the transition. Or the insourcing progress from our foundry wafers into Lehigh. That's mainly an embedded process comment that that tailwind will continue for us in 2026. I think I've mentioned in '25, we've completed our 65-nanometer transition, and they are yielding at the same level as they used to in the foundries. And now we are busy with our 45-nanometer technology, mainly supporting our automotive radar business. That's also progressing well in Lehigh. Rafael, anything on the ITC or Yeah. No. So, Harlan, you asked about five or six in one, but let me see if we can Rafael R. Lizardi: I've addressed a couple. Let me address the next few. First on CapEx. We continue to expect CapEx for 2026 between $2 and $3 billion. So that's consistent with what we said before. On depreciation for '26, let me give you a new number. We now expect $2.2 to $2.4 billion on depreciation in 2026. And for 2027, we expect an upward pressure on that number, but at a slower rate of increase. So if you look at what we've increased the last few years, just it'll increase again, but slower. You asked about ITC and direct funding. Direct funding not changed. We expect up to $1.6 billion as we reach several milestones. And on ITC, investment tax credit, it is now 35% as of 01/01/2026. So anything that we put in place, any CapEx we put in place, both equipment, building, clean room, in 2026, we get back 35% on the ITC credit. Mike Beckman: Great. Thanks. Oh, thank you. We'll move on to our next caller, please. Operator: Thank you.”