Semiconductor Technology

restructuring affecting expense

“Amortization of Purchased Intangible Assets The following table presents the amortization of purchased intangible assets including impairment charges (in millions): Years Ended July 26, 2025 July 27, 2024 July 29, 2023 Amortization of purchased intangible assets: Cost of sales $ 1,174 $ 955 $ 649 Operating expenses 1,028 698 282 Total $ 2,202 $ 1,653 $ 931 The increase in amortization of purchased intangible assets was primarily due to the acquisition of Splunk and other recent acquisitions, partially offset by certain purchased intangible assets that became fully amortized in larger part from our fiscal 2021 acquisition of Acacia, and lower impairment charges in fiscal 2025.”

CSCO 10-K

product pipeline / R&D affecting expense

“Research and Development Three Months Ended April 30, Change 2026 2025 Amount % (dollars in thousands) Research and development $ 58,140 $ 58,819 $ (679 ) (1.2 )% Research and development expense decreased for the three months ended April 30, 2026, as compared to the same period in the prior fiscal year, primarily due to approximately $3.9 million of lower stock-based compensation expense, partially offset by $2.3 million of higher payroll-related expenses as a result of an increase in headcount and $0.9 million of higher engineering-related expenses associated with the progress and number of chips in development.”

AMBA 10-Q

demand / volume affecting revenue

“If sales through indirect channels increase, this may lead to greater difficulty in forecasting the mix of our products and, to a degree, the timing of orders from our customers.”

CSCO 10-Q