Market StabilizationRevenue has stabilized following six consecutive quarters of decline, indicating that end markets have mostly stabilized.
Product GrowthDesign wins continue to strengthen with solid content gains in electric vehicle platforms, supporting longer-term growth across the full portfolio of silicon carbide and silicon-based products.
Shareholder ReturnsThe company is allocating 100% of free cash flow to share repurchases, indicating confidence in its financial health and future prospects.