“At this point, I continue to be relatively robust on semiconductors through 2027.”

In context

“Lal Karsanbhai (President and Chief Executive Officer): I'll follow up on the semiconductor question. We're not guiding into 2027 today, but you can read into the tremendous order momentum we have in the semiconductor business within Test & Measurement. There is differentiation in growth by application. The validation and production side, where we largely play, has a different dynamic on growth and the cycle as well. At this point, I continue to be relatively robust on semiconductors through 2027.”