Aug 11, 2021 / 04:40PM GMT
John Nguyen Vinh - KeyBanc Capital Markets Inc., Research Division - Senior Research Analyst
Hey, good morning, and welcome, everyone, to the KeyBanc Technology Leadership Forum. I'm John Vinh. I cover semis here at KeyBanc Capital Markets. We're pleased to have Thurman Case, CFO; and Carl Alberty, VP of mixed-signal Products from Cirrus Logic joining us.
The format of this session will be a Q&A fireside chat. If you have any questions, feel free to submit them online at the bottom of your web page, and I'll do my best to get these questions during the chat. Welcome, guys.
Questions and Answers:
John Nguyen Vinh - KeyBanc Capital Markets Inc., Research Division - Senior Research AnalystMaybe we could start with Thurman. Been getting just a lot of questions. Maybe what maybe surprised people a little bit is just some of the gross margin commentary that you talked about going into the next calendar year, that gross margins could be trending below your target model. Can you walk us through specifically what's driving these higher costs? Is it