v3.26.3
REVENUE RECOGNITION (Tables)
 9 Months Ended
Sep. 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 September 30,Nine Months Ended September 30,
Country or Region2026202520262025
China$585,377 $393,837 $1,498,503 $1,155,508 
Taiwan376,488 155,978 818,591 377,289 
South Korea82,771 62,882 252,464 190,747 
Southeast Asia48,884 39,023 138,593 106,596 
Europe47,155 33,577 117,786 85,066 
U.S.36,017 29,937 92,003 63,313 
Japan25,541 21,779 68,896 60,416 
Other176 163 400 369 
Total$1,202,409 $737,176 $2,987,236 $2,039,304 
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 September 30,Nine Months Ended September 30,
Customer2026202520262025
Distributor A32%26%29%25%
Distributor B16%18%15%18%
Distributor C* **10%
Distributor D11%*10%*
____________________________
*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:
CustomerSeptember 30,
2026		December 31,
2025
Distributor A42%35%
Value-added reseller A19%*
Distributor B14%14%
____________________________
*Represents less than 10%.