| USD ($) $ in Millions, shares in Millions | Aug 1, 2026 | May 2, 2026 | Nov 1, 2025 | Aug 2, 2025 | May 3, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net revenue | $ 2,739 | $ 2,418 | $ 2,075 | $ 2,006 | $ 1,895 | $ 1,516 | $ 1,273 | $ 1,161 | $ 1,419 | $ 1,341 | $ 1,322 | $ 1,537 | |||||
Cost of goods sold | 1,284 | 1,157 | 1,005 | 996 | 943 | 1,167 | 685 | 633 | 867 | 820 | 765 | 760 | |||||
Gross profit | 1,456 | 1,261 | 1,070 | 1,011 | 952 | 349 | 588 | 528 | 551 | 521 | 557 | 777 | |||||
Operating expenses: | |||||||||||||||||
Research and development | 741 | 652 | 513 | 519 | 508 | 489 | 487 | 476 | 481 | 475 | 481 | 448 | |||||
Selling, general and administrative | 258 | 258 | 190 | 193 | 186 | 205 | 197 | 200 | 213 | 210 | 199 | 208 | |||||
Restructuring related charges (gains), net | (3) | 11 | 10 | 9 | (12) | 358 | - | - | - | - | - | - | |||||
Legal settlement | - | - | - | - | - | - | - | - | 0 | 0 | - | 0 | |||||
Restructuring related charges | - | - | - | - | - | - | 4 | 4 | 3 | 42 | 60 | 16 | |||||
Total operating expenses | 996 | 921 | 712 | 721 | 682 | 1,052 | 688 | 680 | 698 | 727 | 740 | 672 | |||||
Operating income | 460 | 339 | 358 | 290 | 271 | (703) | (100) | (152) | (146) | (206) | (182) | 106 | |||||
Interest expense | (62) | (53) | (51) | (52) | (49) | (47) | (48) | (49) | (53) | (54) | (53) | (45) | |||||
Other expense, net | (20) | (203) | 1,909 | (5) | (6) | (1) | 3 | 3 | 10 | 6 | 0 | 3 | |||||
Interest income | - | - | - | - | - | - | - | - | 2 | 2 | 3 | 2 | |||||
Interest and other loss, net | (81) | (256) | 1,858 | (56) | (55) | (48) | (46) | (46) | (41) | (46) | (50) | (41) | |||||
Income before income taxes | 378 | 83 | 2,215 | 234 | 216 | (751) | (146) | (198) | (188) | (252) | (232) | 65 | |||||
Provision for income taxes | 70 | 49 | 314 | 39 | 38 | (74) | 47 | 18 | (23) | (44) | (63) | 52 | |||||
Net income | 308 | 35 | 1,901 | 195 | 178 | (676) | (193) | (216) | (164) | (208) | (169) | 13 | |||||
Comprehensive income (loss), net of tax | - | - | - | - | - | - | - | - | - | - | - | - | |||||
Net income per share — basic (in dollars per share) | $ 0.34 | $ 0.04 | $ 2.22 | $ 0.23 | $ 0.21 | $ (0.78) | $ (0.22) | $ (0.25) | $ (0.19) | $ (0.24) | $ (0.2) | $ 0.02 | |||||
Net income per share — diluted (in dollars per share) | $ 0.33 | $ 0.04 | $ 2.2 | $ 0.22 | $ 0.2 | $ (0.78) | $ (0.22) | $ (0.25) | $ (0.19) | $ (0.24) | $ (0.2) | $ 0.02 | |||||
Weighted-average shares outstanding - common stock and preferred stock assuming conversion: | |||||||||||||||||
Basic (in shares) | 897.4 | 882 | 855.8 | 862.6 | 864.8 | 865.7 | 865.7 | 865 | 862.6 | 860.9 | 856.7 | 852.6 | |||||
Diluted (in shares) | 921.2 | 893.3 | 863.7 | 870.4 | 875.6 | 865.7 | 865.7 | 865 | 862.6 | 860.9 | 856.7 | 858.4 |