“We have purchase orders from these engagements and wafer production has started, so we are very confident about these engagements.”

In context

“Akash Palkhiwala (Chief Financial Officer): Yes. The revenue starts in the December quarter, and you should expect a ramp as we go through the year. As we've said before, we have two custom chip engagements, both with global-scale hyperscalers, and we expect to start seeing revenue from both starting in the December quarter. We have purchase orders from these engagements and wafer production has started, so we are very confident about these engagements.”