Michael Hsing: Well, I think the DDR5, we expect to ramp in last year, right? I mean it happened didn’t happen that fast. I mean — so the key is, again, we make sure our product is designing and when these products will ramp, it’s not up to us. And we actually care less but only care is we have a product to ship. Okay.
Melissa Fairbanks: All right. Thanks very much, Michael, I’m sorry to bring up a sore point.
Michael Hsing: It’s not a sore point. It’s a reality like everybody else is.
Melissa Fairbanks: Sure. Alright thanks guys.
Michael Hsing: Alright, thank you.
Genevieve Cunningham: Our next question is from Quinn Bolton of Needham. Quinn, your line is now open.
Quinn Bolton: Hey, guys. Just wanted to follow-up, Bernie, I think you had mentioned that in addition to the GPU and AI, you guys are starting to see better traction on just the core CPU server market I know in the past, you’ve talked about your goal to try to get your share in that segment to 25%. So wondering if you might just give us an update where do you think your share is in CPU core power today? And how are you feeling about that 25% market share target over, say, the next couple of years? Thanks.
Bernie Blegen: Sure. So what really generates interest with our customers is when they see the new product launches at both Intel and AMD ramping and we do the power management for both of those. And I think that as we observed in the last year or even 18 months that the most recent versions of their products have been delayed. And so we’ve experienced a slower ramp as far as being able to increase share or content on those platforms. But at least initially, is it was observing for Q1 as well as for the balance of ’24, we see that both of those ramps starting to improve and that we’ll participate with them. At this point, we don’t have any reason to doubt our earlier projections as far as overall share opportunity between 20% and 30%. But right at this particular moment, it’s hard to say what we have.
Michael Hsing: Yes. Let me talk about this in looking and we didn’t have any. And we are 13.5% and because that was about 2.5 years ago, we have a lot of design wins. We have a design win, a few but for me came in the customers — at their customers, they couldn’t get the — couldn’t ship. And we are turning to be the bigger players. We are four teams in — back in a few years ago, that we’re designing a many different projects. And we expect to be a bigger player. And so that’s — we still believe the same story. And when the CPU market picks up and our revenue will start resume to growth. And so what is the last year, and I don’t even remember what was the last year, there wasn’t spectacular numbers anyway. And I think as soon or later will turn around.
Quinn Bolton: Got it. Thank you.
Genevieve Cunningham: [Operator Instructions] As there are no further questions, I would now like to turn the webinar back over to Bernie.
Bernie Blegen: Great. Thank you very much, everybody. I’d like to thank you for joining us on this conference call, and look forward to talking to you again in our first quarter which will be in late April. And just to add to that, at that time, we’ll be introducing a new format for this call. We will provide you content and context on how the end markets have performed in a written manner, and then we will use the conference call portion more for Q&A. So we believe that, that will be a more efficient use of your time and ours and also more complete communication. So with that, I will thank you. And again, I look forward to seeing you again in April.
