FormFactor Inc at Citi Global Technology Virtual Conference Transcript
My name is Amanda Scarnati. I'm one of the semiconductor analysts here at Citi. I'm joined today by Shai Shahar, the CFO of FormFactor; as well as Stan Finkelstein, the Director of Investor Relations at FormFactor.
The format of today's call is going to be a fireside chat. I have a couple of prepared questions that I'm going to dive into. (Operator Instructions)
Questions & Answers
So let's just dive right on into the logic and foundry business, the largest piece of the portfolio. You saw about a $20 million pullback in your largest customer, Intel, in the June quarter. Was this more of sort of seasonality? Or is it a shift in the business in terms of how they're looking at production capacity and manufacturing? Or is this somewhat more of an expected quarterly decline?
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