Aaron Rakers: Yeah, thanks for taking the questions and also great results. Just curious, when you talk about your customer concentration and the diversity of the business, when you talk about 26% and 11% of your revenue coming from two customers, are those the same customers, like last quarter I think you had a customer that was 25%, or are you seeing these customers kind of bounce around. I guess the simple question is just, is that the same customer 26% and 25%?
David Weigand: So, Aaron. The 26% customer is the same customer. But the 11% customer is not a new customer, and it’s a longer-term customer. But first time in 11% and to your point, yes, we do see a bouncing in and out, and we’re very happy. Anytime they do bounce about by the way.
Charles Liang: Yeah, and that’s why the economies of scale is very important to us when we further grow our total revenue, we will have a more large scale customer and more middle-sized and small-sized customers as well.
Aaron Rakers: Yeah, and then as a quick follow-up, I’m just curious as we look at the AI kind of evolution from here. There’s a lot more kind of product diversity itself coming out, B100s, GH-200s. AMD’s product lineup. As you think about the growth going forward, would you say that the growth is more ASP expansion driven, as we think about these next-generation platforms for this diversity driving more of the growth being driven by unit volume growth? I’m just curious on how you would kind of characterize the growth driver from here going forward on those two Inputs.
David Weigand: I guess in the next few years, our growth will be quicker in terms of unit number. So that volume growth will be quicker than ASP, because last two years, our ASP have been growing a lot, right. So, in next day, but I guess unit number, volume will grow faster.
Aaron Rakers: Thank you.
Operator: Our next question is from Ananda Baruah with Loop Capital. Your line is now open.
Ananda Baruah: Yeah, good afternoon guys. And thanks for taking the question. Appreciate it. Congrats on the really solid execution. Yeah, congrats on that. I guess, two if I could, Charles. And maybe a clarification, I did some math on the 15,000 racks per month. And they came up with — I guess $5.6 billion a quarter, let’s call it 5.5%. I guess, plus or minus but that came to $5.6 billion, is that kind of accurate and I guess the question is — if it stood at midyear, you’re talking about getting to that point. Is that the kind of run-rate opportunity that we can be thinking about quarterly and not like a guidance, but like an opportunity when you get into sort of the back half of the calendar year. Just wanted to make sure that we’re interpreting that kind of accurately and then I have a quick follow-up. Thanks.
Charles Liang: Yeah, again, we see, we recommend green computing everywhere. That’s why wherever, whenever we can help a customer at base, we will. That’s why we have been building really large-scale capacity for liquid cooling and other green computing solutions. So yes, that capacity will be huge, but its capacity there, when customer need, we are ready. And indeed our facility also very flexible. Lots of facility can support liquid cooling and air cooler, or combination cooling. So yes, we have a huge capacity ready for growth, but not necessarily all for liquid cooling, they support air cooler or combination hybrid cooling as well.
Ananda Baruah: Awesome. Thanks for that. And then could you just, I guess the follow-up is, you guys have mentioned a couple of times on the call today, sort new customers as part of — and I think Charles, your words were accelerated growth. And so any complexion, I guess any — sort of any context on the new customers that you guys are wrapping into run-rate kind of would be useful. Anything about them, like what kind of industries, I guess like sort of industries, projects, anything like that would be helpful. Thanks.
Charles Liang: Yeah, thank you, I mean, we spend a lot of effort to make our sales and operational process, service process be automatic. So, those automation systems for sales, for production, for support, really enlarge our capacity. And that’s why we have capacity to approach to support a more customer now. So — and we need economies of scale, because economies of scale is very important to our operation margin and overall EPS. So, yes, we are ready to grow much quicker EBIT.
Ananda Baruah: Yeah, that’s super helpful. Okay guys, thanks a lot. Congratulations.
Charles Liang: Thank you.
Operator: Our next question is from Jon Tanwanteng with CJS Securities. Your line is now open.
Jon Tanwanteng: Hi, thank you for the follow-up. I was just wondering if there is any change to your OpEx growth formula. It’s been on a trailing basis, less than half of our revenue growth is as you grow bigger and do you expect to run against any limit in supporting such a large customer base and potential customer base or are you getting more economies of scale as you grow larger with that?
Charles Liang: Yeah, indeed we had been some low-volume company for too long, a 30 years old company. So our volumes just started to grow in kind of good economical scale just recently. And we like to take this chance to continue and grow our economies of scale. So when our economies of scale grow, we leverage automation system again for sales, for operation, and for service. And that’s why, I mean, we are in good position to continue growing quickly.
Jon Tanwanteng: Okay, great. And then I was just wondering at the rate of growth that you’re seeing, do you expect to need more external financing? I know you talked about other sources of cash, I was wondering, if you are going into the debt markets, what the plans are to finance this growth.
Charles Liang: Yeah, our financial team have been very diligently working now more source, especially try to minimize dilute the stock equity. So we have a [indiscernible] program kind of we’re steady and ready there. So when we need more capital, we are ready. David, you may add something.
