joining Thank for afternoon. and our today. you, Thank good you call Louis,
further business. environment to ongoing expectations. allowing difficult are industry us we the Our from cyclical not were QX significant headwinds of results semiconductor developing from the ahead Despite slightly AI our this our distract downturn,
would all the with of with the be Before vision. a all I to our this time market, in strategic cross the currents developments quarter, market review in the exciting thought AI the about good I details talk together the the
an estimated an our AI revenue XX% well and transformation company XX% of this underway, our total already last AI Simply representing year. year is put, into with
our of platform, into are new development. we CVX with expanding a phase Now AI market
a we many emerging. early the it excitement be at The continued with about AI stage, the and also applications is and current can our our billion to focus dynamic will is XXXX. market success in available SAM, competencies. is key market, degree core very $XX exceeding year Even our this With approaching to with all our AI, the focus, leverage technologies year unique serviceable which sizable, $X billion our and fiscal or
powerful deep is the on? AI So, replacing what on processors learning approaches. focused we legacy and are traditional focused less learning are Ambarella machine software, which and
market, cloud, processors the the center has been Within typically deep learning dominated AI data for servers in the training enterprise. processor or market used by
models Our on AI focus AI and end deployed inference, where get which by users. utilized practically is are is
research inference market firms third-party mature, AI to training the AI. most AI the to of size begins surpass As forecast
have We into perception, in human also rich known demonstrated processors, how already we video heritage can AI. our as leverage
and the the Our was AI modality. into cameras CVX are move at inference our processing perception sensing AI, it edge principal family targets first where
XX% of approximately revenue portion 'XX, operating represent material expect We and total dollars. a be continue our fiscal CVX the profit to in to family year of
SoC proprietary architecture. our with AI CVX camera The CVflow perception our second-generation integrates expertise
our price, increase year, revenue This This contributed ASP, incremental in processor. remain an average video fiscal enable driver two 'XX. our of year driver to several the key blended greater is CVX to family XX% become in The causes the ASP processing our CVX years. and the than a firmwide AI selling for be dominant times to expected to over
our our family into applications. CVX CVX is AI edge targeting builds of utilizes more profit platform inference now mobility proprietary and The The video solid stream reinvested processors being and platform powerful processor. of third-generation processors operating significantly upon CVX from the CVX family AI experience the
For well of for as significant required processing SoC be radar XX the all the Plus is a expected camera in sensors, processing the typical CVX incremental CVX X to processing facilitate and perception SoC. The planning the than as amount layers. the CVX to times application, provides five the ASP SoC a Level to fusion and higher
by SoCs approach, IP. flexibility CVX to aim also our driving, platform, software to is own family customers providing with with need. important and in IP We CVX this IP is pick and/or software choose capture It platform perception very bundle as radar SoCs software what they our incremental autonomous the CVX to a can exactly in AD, understand the a stack the our value running
pleased partnership for confirm our the will our a Level of and X Mobility extended first Regarding Level development Fallback we that industry. partnership jointly Autonomous to System. Continental a with award as am complete stack system system developed to be vehicle Continental, our business commercial in X share The the supplied to I customer
and a proposition value brings new leap term of in is customers; major OEMs. clear, of be CVX list To forward platform it automotive targeted a the our
developing portfolio in are the CVX the out of building still We early and market. the stages SoC
more not market efforts. alone, and to OEMs, CVX, software their our their to Tier our However, marketing to credibility development this leading porting doing validating using with we efficiency, auto superior Continental are Bosch CVX scale and Xs jointly like bringing
nine much to LLM already AI High, evaluated SoC has models, Nvidia LLM, on good running the the system which existing with AXXX superior we market, on and power CVX-AD be and consumption performance inference for sampled as been have believe as this for large months, lower total server Additionally, a we language the cost.
a to effort We as program customers. as are development business a establishing engage with development now software well
the and West security CVflow new announced class and same March, CVXXS ISC the show, utilizes quarter. we CVXX our public deep at in the mainstream for AI In enterprise engagement Turning security support bring includes cameras. learning products for in it fusion SoCs. transformer performance customer third-generation utilized the the of IoT camera CVX latest data watt, networks. the accelerator per CVX This AI SoC the market and highest neural architecture derivative to and to the radar
AI night with neural HDR to six enabling signal it plenty of for to companies. performance networks. image of family, CVXXS CVX headroom the Ambarella's and Furthermore, camera CVXXS times now additional is neural vision concurrent for groundbreaking run IoT XK sampling leading network-based processing software offers color,
there largest on CVXX; multiple HXSL including: on VXXX supplier, IoT, and and camera Verkada a who our introduced new number a camera enterprise line and and our camera CVX, introduced featuring public based product security mega-pixel based on introduced, our introduced body SXLM; Domera camera leader surveillance families the SoC; the of part models its TDXX home Axis, illumination; CVXX, formerly CVXX five introduced our new use as Motorola, video Alarm.com intercom introduced as iPro, Japan's Panasonic E monitoring on based Canon, cameras based and in cameras market, powered and SoCs were SXLM security In its Dallmeier CVXX, market in buses on on series models; such well ADC-XXX XXXX rugged darkness CVXX doorbell to including AI European adaptive vehicles, IR introduced of in based our quad dome based Europe, our the enable also battery board which multi-imager as imaging utilizing on its total dual designed for SXLM.
about talk I'll automotive market. progress now the in
the our CVXXS SoC CVX IoT earlier, is new for mentioned market. derivative important As an
demonstrated automotive with SoC. and product However, including for automotive on to it CVXXAQ. applications April five Auto SoC Level is other important and the X six at to applications in multiple an the derivative also This market, expected announced and cameras radars Plus Shanghai Show, same the be running targets up and we
on camera multiple CVXXAQ camera including five camera. each demonstrations and an at megapixel YOLO eight ADAS networks configuration the three system plus front eye included running fish parking an show cameras with neural a vX megapixel
We Tier in also the leading Xs GPU received and OEMs on demonstrated, We China. consumption lower networks. running from solution, superior power CVXXAQ performance transformer feedback CVXXAQ of positive very versus and
demonstrated the neural featuring of other advanced systems. number City and Navigate Xs Shanghai This a Pilot showed And demo GT-HyperMax a Hyperview sensor radar networks. one Auto transformer leveraging networks in the car, running video three of on and cameras included with each functions suite providing stream. XX XX-camera lidar at Also its plus which latest on demonstrated Show, Tier multiple platform CVX-based a live Continental a
an SoC. April, our March, based SUV electric China's AI AION its face SoC. GAC SUV access LX in Y its a system introduced Geely XVXR Zeekr X introduced AI assistance on with Plus control system on with intelligent ADAS recognition Zeekr In CVXXAX CVXXAQ And electric Younger driving based
of to in grow AI a expected should majority our our for our for activity to In new be a mix. customer is and our first continues the be continue summary, of proportion time, to FXXXX, products. of a as AI engagement revenue, majority AI
in the vision and to core AI CVX To deep first the platform, domain. competencies, approach learning strategic we with together, more knowledge CVX bring strong even again establish a presence now and unique with have our leveraged significant cumulative AI our
on already very -- Our and that are and is platforms open are the phase that flexible. CVX investments and very very yield scalable products with family into differentiated The well platform. different CVX efficient, the are development we profitable
is a pressures industry and semiconductor financials. cyclical summary, downturn near-term to ongoing In the still to our of work lot there left execute strategy our
to in However, and secular are growth AI opportunity strategic to our invest the edge we AI, we vision, inference our continuing do intend long-term are confident we from strategy. stray for not in differentiated
it turn and more QX to in the QX discuss Brian now detail. will over I the outlook to results
