Alan Lowe: Yes. Let me address that, and I will ask Chris to add on. I would say you are right, it’s beyond the hyperscalers. And so we have collaborated with a lot of the new customers for us that are leading the way in AI and figuring out how do we then customize a product laser, high-power laser or external laser source to satisfy the future needs of AI in a unique way. So, we are doing customization of our products to meet the needs of those unique situations where the data bandwidths are just huge. And so I would say that, that’s really more of an impact in calendar ‘24, but that work has been going on now. And those products will come to market in the calendar ‘24 stage. I would say that what we are seeing today is more EML-based driven 800-gig transceivers that both use our CW high-power lasers for silicon photonics as well as eight EMLs for each transceiver, because those are the products that are available today that can use – that can satisfy that bandwidth needs that the hyperscalers are going through.
So, that’s what we are seeing. As far as VCSELs are concerned, we are going through the qualification work on those 100-gig VCSELs I talked about, and we see that really starting in a meaningful way to contribute to our revenue in calendar ‘24.
Chris Coldren: Yes. And I would also add that in addition to the VCSELs, which are just ramping, and EMLs, we are a market leader. And we also – there are CW lasers that power certain silicon photonic solutions. So, we have really focused, as we have commented on prior call, of broadening our product portfolio in Datacom to be able to address different parts of the data center and different approaches to the same parts of the data center. And we do anticipate significant uptick in the market in Datacom in the coming 12 months relative to kind of the – obviously, the down year that we have at being a chip supplier over the last year. And this is going to be a multiyear phenomenon that we definitely believe that – you are talking tens of percent CAGRs for AI-related deployments over the next few years, so very exciting opportunity for us.
Samik Chatterjee: Got it. And for my follow-up, just rotating back to the results and the guide for the fiscal first quarter, I think with 3D sensing in the past, you have obviously had a certain seasonality to the business through a year. Any thoughts of how you are thinking about seasonality this year? Should investors expect, sort of as you get to beyond 1Q, to see sort of sustained sequential growth in the business, or given some of your comments about the sort of calendar year being inventory digestion impacted, it’s really more of a step-up into the second half of the fiscal year? And I think what I am trying to get to is we all understand the earnings power of the business at this run rate is depressed because of the lower demand or the inventory digestion. But in terms of revenue increasing, your OpEx savings coming through, what do you see as the normalized run rate for the business where you want to exit the year?
Alan Lowe: Well, normalized, it’s hard to say. I would say in the short-term, the next couple of quarters, Telecom is going to be tough. And as we have said, 3D sensing, you can think about being flat. Lasers is going to be down sequentially from Q1 – in Q1, and you can think of that as being flat with fiber lasers going down in Q2, but being offset by our ultrafast lasers. So, I think that then, the real mover between Q1 and Q2 is the Datacom demand, and that’s really going to be gated by our ability to meet that – supply that demand. And so I would say that there is some small uptick in Q2. And then assuming that the inventory is taken care of over the next five months, then we should start seeing some pickup in the first half of calendar ‘24.