“But I see that as probably as high as that percentage of total AI revenue would go. Not the first time I indicated that. The more, I expect the percentage as a share of total AI revenue for networking would be closer to around 30%.”

In context

“Tan: that is a hell of a great question, Jim, it is just very difficult to answer because of how do we predict that because there are quite a few moving parts there. 1 of which is to start with is as more and more of our customers. Turn to XPUs. Obviously, XPUs use very much a lot of our networking components across the board. So that is great for us. And then in that drives increase in consumption. But it also means that we have been able to sell networking to non XPU. Footprints. So that part of it will dilute the growth rate. And what, and this 40%, I consider as a very well almost a situation where stars are aligned, and we are shipping a lot of networking to non-XPU while the growth of XPU are obviously allowing us to grow this networking business to our XPU users, and we get to 40%. But I see that as probably as high as that percentage of total AI revenue would go. Not the first time I indicated that. The more, I expect the percentage as a share of total AI revenue for networking would be closer to around 30%. Operator: 1 moment for our next question. That will come from the line of Thomas O'Malley with Barclays. Your line is open. Tom O'Malley: Hey, Hock. Thanks for taking the question. So I noticed with the most recent deal with Anthropic, that you guys are using Broadcom chips as a backstop for the deal. You expect more deals to come like this in the future? And then as you start to see the AI environment is there any way you are thinking about financing in the future? Are you going to continue to do it with chips or anything that you can offer on that? Thank you. Hock E. Tan: Can you repeat that question, especially at the front end? I did not quite get what you were saying there. I do not want to answer the wrong way. Tom O'Malley: Sorry, Hock. Essentially, most recent deal with Anthropic”