Jayshree Ullal: Yes. So, Ittai, thank you for wishes, by the way and Happy Valentine’s Day. We listened to you and made sure the earnings call was not on Valentine’s Day. To your question, absolutely, we have our choice of vendors and redesigns. Redesigns take time, and qualifying them with our customer takes even longer. So, we have chosen multi-pronged approach, where we do have redesigns that we can invoke, but we are also improving our relationship and partnership with our supply chain vendors. Anshul, your team has been working on that. I think your vendor this has gone from tens to hundreds, if I remember right.
Anshul Sadana: That’s right, Jayshree. This is the first time we are close to almost 100 suppliers where we talk to them directly. Even if we don’t buy the components from them, we control the relationship and the technology and the roadmap…
Jayshree Ullal: So, to answer your question in the campus specifically, both with redesigns and with our supplier partnerships, we fully expect to come back and not fall short of our numbers in €˜23.
Ittai Kidron: Very good. Thanks. Good luck.
Jayshree Ullal: Thank you.
Operator: Our next question will come from the line of Ben Bollin with Cleveland Research. Please go ahead. Your line is open.
Ben Bollin: Thanks for taking the question. Good afternoon everyone. I also wanted to piggyback a little bit on campus. Jayshree, could you talk a little bit about how customers are responding as they are facing the increase in lead times or the lead times overall? It’s better market share opportunity. Any risk that that shares perishable? Do they choose to opt to renew with who they have? And then you talked a little bit about go-to-market on campus. What are you doing differently, or what are your thoughts on where that goes from here? Thank you.
Jayshree Ullal: Yes. No, those are very good questions, Ben. I would say, currently, we are gaining share because others are messing up. Whether it’s changing to a software model or not able to supply, Arista has been the benefactor of that. They are still small numbers, obviously. But it’s difficult to imagine that we are at risk of losing share when we have such small share. Our goal is to grow share at the moment. What was your second question or the second part of that question?
Ben Bollin: Go-to-market strategy.
Jayshree Ullal: Oh, what is the go-to-market. Well, in the near-term, our go-to-market has very much been to target our 9,000 cumulative customers. But we are building a mid-market strategy. We are going to work closely with channel partners. Those things take time. So, I would say our initial go-to-market is our enterprise customers. And over time, we will have a more mid-market strategy.
Ben Bollin: Thanks.
Operator: Your next question comes from the line of James Fish with Piper Sandler. Please go ahead. Your line is open.
James Fish: Happy Valentine’s Day, ladies. Great quarter. Just going back to your commentary on cloud titans being kind of between €˜21 and €˜22 levels just given the overall growth, it does suggest a bit of an acceleration for everybody else. I guess what’s driving that confidence? Is it just mainly what’s in backlog? Is it additional hyperscaler wins, including with AI or enterprise share gains or something else? And then, Ita, just for you as a follow-up on the cash flow, is there a way to think about kind of a normalized cash flow level or where you expect inventory turns to get to by the end of the year? Thanks.
