Samik Chatterjee
JPMorgan Chase & Co, Research Division

Good afternoon, everyone. Welcome to the next fireside chat here. I'm Samik Chatterjee, and I cover hardware and networking names at JPMorgan. With me, I have the pleasure of hosting Western Digital and from Western Digital have Kris Sennesael, who is the Chief Financial Officer. Kris, I hope I pronounced that right, but please if I didn't. Let's talk about the industry first before we get into any Western Digital questions. But do you want to read out the safe harbor first?

Kris Sennesael
Executive VP & CFO

Yes. And Samik, thanks for hosting us here. Great conference so far. But before we go, I have to make some disclosures that today, I will be making some forward-looking statements based on management's current assumptions and expectations, including to our product portfolio, business plans and performance and market trends.

These forward-looking statements are subject to risks and uncertainties. So please go read the 10-K and other SEC filings that provides more information on risks and uncertainties that could cause actual results to differ materially from expectations.

We might also be talking about some non-GAAP financials and the reconciliation you can find on our Investor Relations website.

Samik Chatterjee
JPMorgan Chase & Co, Research Division

Okay. I saw that Ambrish just walked in and saw you reading the safe harbor, so he's probably happy as well. Let's start with the demand drivers for the industry. I think genuinely, everyone has been surprised of the demand drivers and how much it has exceeded expectations consistently. Just talk