Wolfspeed Inc Q3 2022 Earnings Call Summary

The following is excerpted from the question-and-answer section of the transcript.

Question: Joseph Lima Cardoso - JPMorgan Chase & Co, Research Division - Analyst : This is Joe Cardoso on for Samik Chatterjee. So first, can you disclose what percentage of the $1.6 billion design-ins were auto-related? And then as it relates to those auto design-ins awarded this quarter, how should investors think about those -- how those begin to materialize into revenue for Wolfspeed? Specifically, are the auto design-ins being awarded now largely related to revenue beyond fiscal '26? Or can we still expect some of the design-ins this quarter and in future quarters to contribute to revenue in fiscal '26? Or have we kind of hit a point here where most of the design-ins will be for periods beyond the fiscal '26 window?

Question: Joseph Lima Cardoso - JPMorgan Chase & Co, Research Division - Analyst : Got it. And then just quick clarification. You guys mentioned obviously the $10 million or roughly $10 million -- or $10 million revenue headwind this quarter related to the lockdowns in China. Can you just update us on the situation where that stands today and whether you're baking any of that headwind from the disruption in the fourth quarter guide? I mean it doesn't seem like it. I think REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. MAY 04, 2022 / 9:00PM, WOLF.N - Q3 2022 Wolfspeed Inc Earnings Call earlier in the last quarter you guided exiting out a $200 million run rate. So you guys seem on target there. So just curious if there's any lingering disruption from the China lockdowns in your guide.