v3.26.1
REVENUE RECOGNITION (Tables)
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue by Geographic Region
The following is a summary of revenue by geographic region based on the direct customers’ ship-to locations for the periods presented (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
Country or Region2026202520262025
China$501,973 $397,951 $913,126 $761,671 
Taiwan260,487 104,970 442,103 221,311 
South Korea87,887 63,501 169,693 127,865 
Southeast Asia48,960 34,867 89,709 67,573 
Europe34,832 26,497 70,631 51,489 
U.S.26,212 18,127 55,986 33,376 
Japan20,171 18,536 43,355 38,637 
Other120 125 224 206 
Total$980,642 $664,574 $1,784,827 $1,302,128 
Schedules of Concentration of Risk
The following table summarizes the direct customers with sales equal to 10% or more of the Company’s total revenue for the periods presented:
Three Months Ended June 30,Six Months Ended June 30,
Customer2026202520262025
Distributor A28%25%27%25%
Distributor B15%17%15%18%
Distributor C*11%*11%
Distributor D10%***
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*Represents less than 10%.
The following table summarizes the customers with accounts receivable equal to 10% or more of the Company’s total accounts receivable:
CustomerJune 30,
2026		December 31,
2025
Distributor A33%35%
Value-added reseller A20%*
Distributor B15%14%
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*Represents less than 10%.