“I've always said and I expect that to be the case going forward in '26 as we grow that networking should be a ratio to XPU should be closer in the range of less than 30%, not the 40%.”

In context

“bt to, in a way, expand, if not preserve our borrowing capacity if we have to do another M&A deal. Operator: One moment for our next question. And that will come from the line of Srini Pajjuri with Raymond James. Srinivas Reddy Pajjuri: Hock, a couple of clarifications. First, on your 2026 expectation, are you assuming any meaningful contribution from the 4 prospects that you talked about? Hock E. Tan: No comment. We don't talk about prospects. We only talk about customers. Srinivas Reddy Pajjuri: Okay. Fair enough. And then my other clarification is that I think you talked about networking being about 40% of the mix within AI. Is that the right kind of mix that you expect going forward? Or is that going to materially change as we, I guess, see XPUs ramping going forward? Hock E. Tan: No. I've always said and I expect that to be the case going forward in '26 as we grow that networking should be a ratio to XPU should be closer in the range of less than 30%, not the 40%. Operator: One moment for our next question. And that will come from the line of Joe Moore with Morgan Stanley. Joseph Lawrence Moore: You said you're not going to be impacted by export controls on AI. I know there's been a number of changes since -- in the industry since the last time you made the call. Is that still the case? And just can you give people comfort that there's no impact from that down the road? Hock E. Tan: Nobody can give anybody comfort in this environment, Joe. But rules are changing quite dramatically as trade -- bilateral trade agreements continue to be negotiated in a very, very dynamic environment. So I'll be honest, I don't know -- I know as little as probably -- you probably know more than I do maybe, in which case then I know very little about this whole thing ab”