FINANCING OBLIGATION	9 Months Ended
Jul. 03, 2026
Debt Disclosure [Abstract]
FINANCING OBLIGATION	FINANCING OBLIGATIONS We are party to a power purchase agreement for the use of electric power and thermal energy producing systems at our fabrication facility in Lowell, Massachusetts. We do not own these systems; however, we control the use of the assets during operation. As of July 3, 2026 and October 3, 2025, the net book value of the systems in Property and equipment, net was $7.1 million and $7.5 million, respectively, and the corresponding liability was $8.7 million and $9.0 million, respectively, primarily classified in Financing obligation on our condensed consolidated balance sheet. Sale-Leaseback Our lease for the wafer fabrication facility in Research Triangle Park (“RTP”), North Carolina (the “RTP Fab”) is considered a failed sale-leaseback for accounting purposes. Accordingly, we recognize this transaction as a financing arrangement. As of July 3, 2026 and October 3, 2025, the net book value of the land and building in Property and equipment, net was $28.2 million and $28.6 million, respectively, and the corresponding liability was $28.4 million and $28.5 million, respectively, primarily classified in Financing obligation on our condensed consolidated balance sheet.

We are party to a power purchase agreement for the use of electric power and thermal energy producing systems at our fabrication facility in Lowell, Massachusetts. We do not own these systems; however, we control the use of the assets during operation. As of July 3, 2026 and October 3, 2025, the net book value of the systems in Property and equipment, net was $7.1 million and $7.5 million, respectively, and the corresponding liability was $8.7 million and $9.0 million, respectively, primarily classified in Financing obligation on our condensed consolidated balance sheet.

Our lease for the wafer fabrication facility in Research Triangle Park (“RTP”), North Carolina (the “RTP Fab”) is considered a failed sale-leaseback for accounting purposes. Accordingly, we recognize this transaction as a financing arrangement. As of July 3, 2026 and October 3, 2025, the net book value of the land and building in Property and equipment, net was $28.2 million and $28.6 million, respectively, and the corresponding liability was $28.4 million and $28.5 million, respectively, primarily classified in Financing obligation on our condensed consolidated balance sheet.