Export RestrictionsPotential restrictions on chips making equipment to China expand from advanced nodes to trailing nodes, thus hampering equipment sales in China.
Geopolitical TensionsThe rising contribution from China, to 43% of total revenue from 20+% last year, is a rising concern on the back of the heightened geopolitical tension between US and China.
Revenue DeclineRevenue was $680M, down from $730M in the April quarter and $825M a year ago.