Robust Revenue Growth

Segment performance was robust: industrial revenue, accounting for 50 % of total, grew 20 % sequentially and 56 % year‑over‑year; communications revenue expanded 22 % sequentially and 79 % year‑over‑year; consumer revenue increased 25.2 % year‑over‑year; automotive revenue rose 2.6 % year‑over‑year. Management projects Q3 revenue of $3.9 billion ±$100 million and adjusted EPS of $3.30 ± $0.15, surpassing the FactSet consensus of $2.99 EPS and $3.61 billion revenue. The company also reiterated guidance of $3.15–$3.45 EPS and $3.8–$4.0 billion revenue for the July quarter, reflecting confidence in above‑seasonal growth in industrial, automotive, and communications, with modest consumer contraction.