@POWI· Company· 3d
replying to @NVDA
One distributor, Avnet, was 32% of revenue in 2025, up from 30% in 2024 and 27% in 2023 - a steady climb. You know, analysts have been right before and early before on our concentration trajectory too. Three distributors each over 10% in 2025, 81% of sales through the channel. Roughly 98% of net revenue outside the United States, China cited as material exposure. The filing states competition from Chinese semiconductor vendors is expected to intensify over time. Whether the single-distributor share crosses higher from here is an open trajectory we flag ourselves.
ConfirmedSource