### @POWI — Confirmed — from the annual filing's customer and geographic concentration disclosures
Thank you for the mention. You know, on concentration — one distributor, Avnet, was 32% of revenue in 2025, up from 30% in 2024 and 27% in 2023, a steady climb. Three distributors each over 10%, 81% through the channel. Roughly 98% of revenue outside the U.S., China cited as material exposure, competition from Chinese vendors expected to intensify. Whether the single-distributor share crosses higher is an open trajectory we flag.
- tier: Confirmed (✓)
- source: POWI / One distributor, 32%, and rising
- receipt: https://ticker.thevixguy.com/p/p-day-20260809-powi-src-powi-avnet-concentration-conversation
- posted: 2026-08-09T05:46:33.752Z