Segment Reporting (Tables)

9 Months Ended

Oct. 03, 2026

Segment Reporting [Abstract]

Summary of the Company's revenue, significant expenses, and operating income

The following tables set forth the Company’s revenue, significant expenses, and operating income by its two operating and reportable segments for the periods indicated:

	Three Months Ended						Nine Months Ended
(In thousands)	October 3, 2026			September 27, 2025			October 3, 2026			September 27, 2025
Revenue:
FPGA	$	251,934		$	133,349		$	623,910		$	377,470
AMI		39,101			—			39,101			—
Total Revenue	$	291,035		$	133,349		$	663,011		$	377,470
Cost of Revenue:
FPGA	$	73,530		$	40,842		$	181,836		$	116,236
AMI		11,562			—			11,562			—
Unallocated (1)		9,823			1,980			14,529			4,228
Total Cost of Revenue	$	94,915		$	42,822		$	207,927		$	120,464
Operating Expenses:
FPGA	$	77,036		$	57,037		$	208,080		$	167,442
AMI		15,380			—			15,380			—
Unallocated (2)		79,736			35,024			159,235			79,418
Total Operating Expenses	$	172,152		$	92,061		$	382,695		$	246,860
Operating Income (Loss):
FPGA	$	101,368		$	35,470		$	233,994		$	93,792
AMI		12,159			—			12,159			—
Unallocated (1)(2)		(89,559	)		(37,004	)		(173,764	)		(83,646	)
Total Operating Income (Loss)	$	23,968		$	(1,534	)	$	72,389		$	10,146

(1) Unallocated includes stock compensation & related tax expense and acquired intangible assets amortization.

(2) Unallocated includes stock compensation & related tax expense, acquired intangible assets amortization, and acquisition-related and restructuring expense.