Looking ahead: Today, Arm announced the Arm AGI CPU, the first production silicon product designed and sold directly by Arm in the company's 35-year history. This isn't an IP license and it's not a compute 'reference' design. It's a finished chip, manufactured by TSMC on 3nm, built for AI data centers and aimed squarely at agentic AI workloads. For the past three years, every data center conversation has started and ended with GPUs. Training clusters and inference racks and accelerator roadmaps.