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Yeah. I think the whole AI phenomenon for sure, to answer the very end of your question, is absolutely pulling on core competencies and what we do as a company with the broad technologies we have of 1,500-plus different vendors, 165,000 different customers around the world, that breadth is sort of key. I think what we are seeing in AI right now is kind of two different things. One that we have been calling out a lot in our earnings calls as an area that more than doubled year-over-year, which is GPU and AI infrastructure. From a product perspective, this is the GPU and high-end CPU itself, but also technology with AI embedded in it, AI capabilities embedded in it. That could be networking, server, storage. PCs is a little bit different animal, which I can touch on, but that is not in those numbers.

Really what this is large enterprise, and this could be large sole enterprises, it could be hyperscalers, it could be Neo Clouds who are building out data centers. We are participating in that, but a lot of it is more fulfillment, so it tends to be lower margin, gross margin business, but it is very accretive from an operating margin because there is very little cost to serve, and we are not stocking this product, so it is turning very fast, very efficient. The growth of this business is not the sole driver, but a decent driver of the fact that our ROIC year-over-year is actually up 240 basis points in Q2. It is very good business. Now, the other side of the spectrum is really much more nascent, which is more investment into SMB.

We are seeing a lot of infrastructure as a service investment there, because SMBs are not going to build out their own data center. They are going to be more firmly planted in kind of hybrid, off-prem, and the like. We see that happening. We see SMB, and we are driving education programs that we call Xvantage Enable | AI through SMB to help them understand where AI is going. But it is a far earlier end of the spectrum there, where POCs need to become more relevant and repeatable, where we will see some of that motion really pick up.

Yeah. Anything that is memory related is seeing ASP increases for sure, and some more pronounced than others. I think we are starting to see the rate of increase lessen. We are still seeing ASPs go up, but to a lesser degree in some of those categories in more recently as we exited Q2, for instance, and into the new quarter. There is still ASP increase. Now, what we can do is a handful of things. One, our breadth allows us to get product. So even where it is less scarce because the OEMs are putting less of their production capacity on lower-end spectrum of devices, where there is availability, our breadth allows us to garner access to that. So we can help service the customer.

The breadth of the OEMs we have is also a benefit, so even if product may not be available or the ASPs have gone up to such a degree with vendors A, B, and C, we may still have vendors D, E, and F that are still playing in that space, and it could be a viable alternative. So that is where we can really work with those customers. But as ASPs go up, we are not eating that cost. It is a pass-through for us. And in some cases where there may be limited buy-in opportunities to stock inventory ahead of price increases, there could even be a modest benefit from that perspective.

I think it is. I think we are seeing some consolidation. It plays across a number of different fronts. Certainly, again, the breadth is intriguing to a vendor because through one relationship they can access, in our case, 200 countries around the world, 90% of the world's population. That's an intriguing value prop. I think the other thing that we see play into the vendor relationships is business practices. How we operate, how we think about Foreign Corrupt Practices Act, how we think about how product is handled in an ethical and appropriate manner. It may not be the way a small, local, or sub-regional player may operate, so that too is a value prop that we're going to, more often than not, be on the positive side of any of those sorts of decisions. So that's worked well for us.