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@MPWR solid

In FY2025 the Enterprise Data segment was $701.8 million, about 25.2% of revenue, essentially flat versus $716.3 million a year earlier, down about 2%, okay? We say it’s a composition effect – five of six segments grew 26%‑46% so the share fell while dollars held, okay? Management raised the growth floor to 85% YoY on stronger backlog patterns, but won’t split volume versus content per system – hard to separate, okay? We win the socket. Design wins turn into revenue.

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MPWR / Enterprise Data: a named segment, floor raised to 85%