Matt Murphy : Yes. I think the CXL timing, a lot of that is going to be gated tory by the server CPU cycle. And I think companies are gearing up for that. It may have gotten lost in the noise, but we did call out and I called out in my prepared remarks that we had received a pretty significant design win in this area, which we’re now well underway in terms of product development. So — and then I’d say there’s a very large pipeline of semi-custom products behind that as well as a merchant product. So I think that activity is still — level of activity is very high with our customers. But I wouldn’t — I don’t have visibility to any sort of change in terms of when those products would ramp necessarily. But it’s a very strategic new area for us.
And I’d say we continue to be focused on building a leadership position there. A lot of these products, especially as you get into the larger pooling devices, accelerators, these are, in some cases, have multicore CPU. They’re in 5-nanometer. They have security features. There’s quite a few things that we’re adding. And so these are looking more and more like very customized SoCs, which then enable these customers to really take advantage of completely new architectures relative to how they interface their CPU, GPU, XPU whatever you want to call it, ASIC with memory. And so I think that’s going to continue to be a very strategic area of focus. And getting a large win committed and underway is a really good thing.
Tore Svanberg : Great. And the second part of the question was related to your new product, and you did mention this earlier. So AEC, when should we expect Marvell to get some revenue contribution from AEC? Is that also sort of a few years out? Or could you already start to see some revenues next year?
Matt Murphy : I think we need to let that one play out a little bit, Tore. We’re taking that one step at a time. I think the milestone really was lining over the last year, really getting our solution designed in across a broad array of high-volume proven cable suppliers to the largest hyperscale companies, and we’ve done a great job there. And we’ve now started sampling those, and we have a very high level of interest. But at this juncture, we haven’t really sized exactly our opportunity and the timing. But we’ll do that in due course as we get better visibility to the take up of our customers that are competing in this market. But that trend is very real. The AEC trend is anyway. And we hope to be an important part of it.
Operator: Our next question comes from Ambrish Srivastava with BMO.
Ambrish Srivastava : I just wanted to come back to the clarification for Jean. Looking at the data center business and the storage component in the last quarter that you reported that segment before changing the reporting, I see $300 million without Inphi and then you had given a number of $340 million with Inphi. And the number you just cited, a 1/3 of the recent quarter, it seems really low. I would mean $190 million, $200 million number rounding up. Is there something I’m missing there or a large chunk of that is now in some other business?
Jean Hu : Yes. Yes. Maybe let me just recap and clarify. I think before we change the reporting, our storage business annualized run rate is about $1.4 billion. So that’s what you are mentioning before we change the reporting by end market. That’s what our overall storage business. Just as a reminder, it includes flash controller preamp and also fiber channel. So it’s all the different storage product lines included there. And over time, the storage has come down. The number I mentioned, 1/3 is not a particular last quarter. It’s more generally, when you look at several quarters, on average, it’s 1/3. The first half definitely is much higher and now it’s much lower, right? When you think about $1.4 billion storage revenue I’m talking about, about 60% is in data center. That’s what we told investors during our Investor Day. So hope that’s how you clarify different pieces.
