So my question at the end of the day is, is it fair to say that in these large data centers this year only AI is growing and is that a sign of what the future will be or do you think the general purpose started in infrastructure or like centered around x86 or similar or general purpose CPUs still is a very good growth market?
Hock Tan: You post very, very interesting and good questions, Pierre. The problem is, I do not — my customers — hyperscale customers do not necessarily honor me by sharing all those insights that you — and on those questions you are asking. I do not know. I do not know. All I know and what I do know, because I don’t sell CPUs. I don’t even sell them GPUs, by the way. But I know what you know out there, which is in certain areas of their business, we are seeing some of these hyperscalers bringing on a sense of urgency and focus, and of course, spending to be up to speed if not to not be left behind as we see the excitement hype perhaps in pushing applications and workloads in generative AI. That’s what we see driving a lot of this excitement, and we are always saying is, we have seen some of that effect on our networking business with those hyperscalers.
That’s what it is. Beyond that, we, unfortunately, other than the backlog we get in normal networking switches, routers and key components, we see that. And as I indicated in the last quarter’s results, we continue to see sustained strength. Now last quarter and continuing as we indicate this particular quarter Q2. Beyond that, we don’t get to see — we do not want to guide what we are going to see beyond that. But right now, last quarter, this quarter, yeah, traditional data centers scale out in networking and deployment in networking continues to be strong and sustained in hyperscalers as well I might indicate in the enterprise.
Pierre Ferragu: Okay. Great. And just to clarify specifically on what you are doing, is that fair to assume that the majority — a very large majority of your growth this year in networking is going to come from AI, which you have $600 million coming from AIs Ethernet and $1 billion coming from or is that not the right way to think about it? Just for your business, I am not looking at anything else?
Hock Tan: I will not think about it at this point. It might be a bit too mature. Don’t forget generative
Pierre Ferragu: Okay.
Hock Tan: AI is still early stage.
Pierre Ferragu: Yes. Okay. That’ very clear. Thanks, Hock.
Hock Tan: Thank you.
Operator: Thank you. And we do have time for one final question and that will come from the line of Karl Ackerman with BNP Paribas. Your line is open.
Karl Ackerman: Yeah. Thank you for taking my question. There were many great questions, quite frankly, on the networking business, which I think is quite significant for you. Maybe if I could, a clarification on that and then a broader question that I want to address on broadband. On the networking piece, I was curious if you could discuss the growth opportunity in your Tomahawk portfolio now that a peer has elected to stop investing in their switch division. And then as it relates to broadband, several companies across the broadband ecosystem have guided a softer outlook due to a buildup of inventory, but quite frankly, that’s been on the customer premise side, you obviously have more weighting towards fiber and sell into the infrastructure portion.
