Power Integrations Inc at Deutsche Bank Technology Conference Transcript
All right, everybody. Let's finish off the day with Power Integrations. We have Sandeep Nayyar, who is the CFO; as well as Joe Shiffler, from Investor Relations. So thank you, guys, first and foremost, for coming to Vegas and joining us.
Questions & Answers
Why don't we start with just a high-level question on the sector and kind of the health of the overall market first and foremost. And you guys, for better or worse, have been kind of noted as being a little bit of a canary in the coal mine for semi cycles before. At the very least, you're very transparent, and I think admirably so about what you're seeing. Last quarter, you highlighted a little bit of elevated inventory in the channel and a little bit more concern. What really changed to get that channel inventory to pop up by end markets, by geographies, kind of what surprised you guys?
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