Cirrus Logic (CRUS) Technology Leadership Forum 2026 summary

Opportunity pipeline and product innovation

• Strong opportunity pipeline driven by execution of strategy and proof of IP in silicon, enabling incremental growth and next-generation content expansion over the next few years.

• No new custom silicon products ramping this year, but existing portfolio expected to drive incremental gains; multiple developments underway for future content expansion.

• New power IC for 3D sensing is in development, with performance enhancements over current solutions and expected ramp in a few years, contingent on continued execution.

• Camera controller products have seen three generations of growth, with a fourth in development and significant runway remaining due to innovation and customer collaboration.

Supply chain, costs, and margin outlook

• Supply chain remains tight, especially at OSATs, but not currently constrained; proactive management and capital investment in test equipment provide flexibility and ROI.

• Input costs have risen across the supply chain, but negotiated deals have provided some price certainty; targeted price increases and cost reduction efforts are ongoing.

• Gross margin guidance remains positive despite timing issues from past deals; long-term outlook is stable.

PC and mainstream platform opportunities

• PC outlook lowered due to supply constraints, memory shortages, and delayed launches, impacting content growth and revenue timing, but not seen as systemic.

• Mainstream platform penetration is ongoing, with plans to expand amplifier and codec content and cascade premium features like voice enablement to lower tiers.

• Voice enablement opportunity centers on enhanced codecs with on-device edge processing for voice activity detection and trigger phrases.

• Industry conversion to SoundWire delayed due to platform challenges, with significant uptick now expected next year.