Reports Q1 revenue $1.51B, consensus $1.49B. “We exceeded expectations as demand strengthened through the quarter and we have moved beyond the cyclical trough on a path to recovery. Our AI data center business accelerated, growing more than 30% sequentially.” said Hassane El-Khoury, CEO. “Looking ahead, we are encouraged by the underlying health of the business and the long-term opportunities driven by increasing semiconductor content in automotive, industrial and AI data center applications.”
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