Nov 28, 2023 / 03:55PM GMT
Timothy Michael Arcuri - UBS Investment Bank, Research Division - MD and Head of Semiconductors & Semiconductor Equipment
Yes, for the next session, very pleased to have Texas Instruments. I'm very pleased to have Rafael Lizardi, who is the CFO of TI. Thank you for coming. Good morning.
Rafael R. Lizardi - Texas Instruments Incorporated - CFO and Senior VP of Finance & Operations
Thank you. Good morning.
Questions and Answers:
Timothy Michael Arcuri - UBS Investment Bank, Research Division - MD and Head of Semiconductors & Semiconductor EquipmentSo I'll just lead off with a couple of questions here. So Rafael, I'll ask you the first question that I get a lot, which is, when people look at your long-term model and they look at 10% CAGR and they look at all the CapEx dollars that you're spending to add all this capacity, people have a hard time seeing how the growth can be 10% over the longer term. Can you sort of explain some of the underlying growth drivers that you think will transpire over the
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