Operator: Our next question comes from C.J. Muse with Evercore.
C.J. Muse: I guess, Matt, I was hoping to spend a little bit of time on the enterprise networking side of the house, roughly $1.4 billion business for the fiscal year. And you talked about a China slowdown. Is there a way to kind of parse between China and non-China and how you’re thinking about the trajectory into January and all of calendar ’23?
Matt Murphy : Yes, that’s a good question. The — as we indicated, china is down a lot, right, in Q4 from where it was just two quarters ago. That may end up being a little bit a little bit of an overcorrection. It’s hard to tell, quite frankly, on what’s going on there and how long that’s going to last and how that ripples through. The non-China has been holding up very well. Again, I’d say based on the content gains we have as well as the — just the new products that are ramping up with higher ASPs. And so that’s sort of offsetting it to some extent. What we are guiding for Q4, enterprise networking overall, it’s still down just because of the China factor. But I’d say if I had to handicap it for next year, non-China will be a bigger percentage of the total in fiscal ’24 than China. But I don’t have the exact numbers at the tip of my fingers here. A lot of this goes through the channel and other — it’s — yes, I just don’t have those numbers in front of me.
Operator: Our next question comes from Christopher Rolland with Susquehanna.
Christopher Rolland : I wanted to follow up on carrier infrastructure as well. So a couple of things. I guess, first of all, your agreement with Nokia and the extension there. I was wondering if there’s any economics associated with that? And then secondly, looking out into next year, there’s a lot more talk about India, 5G, Nokia winning, Samsung winning there as well. What does the opportunity look like there for growth? Is this going to be sizable overall?
Matt Murphy : Yes. Thanks, Chris. On the Nokia front, again, it was great to see us being able to announce with them our Layer-2 transport processor. Recall the initial engagement with them, which was very successful, and it’s great to see how well they did was on the Layer-1 baseband processor. And that — I think that partnership has led to now a broader engagement. And so as you probably know, you followed the space, the Layer-2 transport or CPU is a critical component, right, with fairly meaningful content as you sort of roll forward. So I think that’s all very positive. And on India, that — they seem to be gearing up for a very aggressive rollout next year. And I think, to your point, a few of our key customers are well positioned to take advantage of that ramp.
And so that’s why we said earlier, we feel really good about wireless next year, I think both on sort of our content gains as well as our — but probably even more the regional deployments. And I think India probably will be sizable would be my guess.
Operator: Our next question comes from Tore Svanberg with Stifel.
Tore Svanberg : Yes. And if you don’t mind, I’m going to ask a question that’s not related to the next two quarters. So — and it does have two parts. So first of all, the UCI-Express standard, is that something that could potentially accelerate the adoption of CXL. The reason I’m asking is because last time on the call, you talked about maybe CXL not contributing to revenues probably for the few years, but there does seem to be a lot of activity here that could potentially pull that timeline in a little bit.
