Acquisitions and Divestitures	6 Months Ended
Jul. 03, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]
Acquisitions and Divestitures	Note 4: Acquisitions and Divestitures Acquisitions There have been no material changes to the Company’s accounting for its 2025 business combinations since December 31, 2025. The purchase accounting for the acquisition of rights to Vcore power technologies, including associated intellectual property licenses, from Aura Semiconductor, which was considered preliminary as of December 31, 2025, was final as of April 3, 2026, with no changes to the previous purchase price allocation. On May 4, 2026, the Company completed the acquisition of rights to the RISC-V processor IP enterprise from Codasip s.r.o. The acquisition, which has been accounted for as a business combination, is intended to accelerate the Company's compute capabilities through acquired RISC-V cores, Codasip Studio EDA tools, supporting IP, and an organized workforce. Total purchase consideration is up to $14.5 million in cash, including $1.45 million withheld and payable upon IP acceptance and completion of the contractual defect remediation period. Divestitures During the quarter ended July 3, 2026, the Company entered into a definitive agreement to sell a manufacturing facility in the Philippines for $25 million in cash, subject to customary closing adjustments and conditions. This divestiture is expected to close during the third quarter of 2026. As of July 3, 2026, the assets associated with the facility did not meet the criteria for classification as held-for-sale, and accordingly, the Company continues to account for these assets as held-and-used. On July 7, 2026, subsequent to the end of the second quarter, the Company entered into a definitive agreement to sell its manufacturing facility in Mountain Top, PA for $40 million in cash, subject to customary closing adjustments and conditions, and received a $10 million deposit. The Company will continue operating the facility through 2027 to support the transfer of production to other manufacturing sites, with the sale and transfer of ownership expected to occur in the first quarter of 2028. As of July 3, 2026, the facility did not meet the criteria for classification as held-for-sale, and accordingly, the Company continues to account for these assets as held-and-used.

Acquisitions and Divestitures

6 Months Ended

Jul. 03, 2026

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

Acquisitions and Divestitures

Note 4: Acquisitions and Divestitures

Acquisitions

There have been no material changes to the Company’s accounting for its 2025 business combinations since December 31, 2025. The purchase accounting for the acquisition of rights to Vcore power technologies, including associated intellectual property licenses, from Aura Semiconductor, which was considered preliminary as of December 31, 2025, was final as of April 3, 2026, with no changes to the previous purchase price allocation.

On May 4, 2026, the Company completed the acquisition of rights to the RISC-V processor IP enterprise from Codasip s.r.o. The acquisition, which has been accounted for as a business combination, is intended to accelerate the Company's compute capabilities through acquired RISC-V cores, Codasip Studio EDA tools, supporting IP, and an organized workforce. Total purchase consideration is up to $14.5 million in cash, including $1.45 million withheld and payable upon IP acceptance and completion of the contractual defect remediation period.

Divestitures

During the quarter ended July 3, 2026, the Company entered into a definitive agreement to sell a manufacturing facility in the Philippines for $25 million in cash, subject to customary closing adjustments and conditions. This divestiture is expected to close during the third quarter of 2026. As of July 3, 2026, the assets associated with the facility did not meet the criteria for classification as held-for-sale, and accordingly, the Company continues to account for these assets as held-and-used.

On July 7, 2026, subsequent to the end of the second quarter, the Company entered into a definitive agreement to sell its manufacturing facility in Mountain Top, PA for $40 million in cash, subject to customary closing adjustments and conditions, and received a $10 million deposit. The Company will continue operating the facility through 2027 to support the transfer of production to other manufacturing sites, with the sale and transfer of ownership expected to occur in the first quarter of 2028. As of July 3, 2026, the facility did not meet the criteria for classification as held-for-sale, and accordingly, the Company continues to account for these assets as held-and-used.