canar.ai
Rankings/ENTG/Q2 2023 Analysis

Entegris Inc

ENTG
Q2 2023(ENTG Q1 FY2023)Estimated5% AI
AI Revenue %
5%
AI Fair Value
$463.0M
AI Revenue (Q)
$46.1M
Total Revenue (Q)
$922.4M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Total revenue $922.4M (10-Q Apr 1, 2023). Segments: SCEM $198.0M, APS $250.3M, MC $269.3M, AMH $218.9M. ChatGPT launched Nov 2022, triggering surge in AI chip demand. However, semiconductor industry was in cyclical downturn (ENTG revenue down from $993.8M in Q2 FY2022). AI chip orders were ramping but production was still modest as a share of total wafer starts. TSMC advanced node utilization was beginning to shift toward AI workloads. CMP slurry and deposition material demand at 3nm/5nm increasingly tied to AI accelerators. Modest increase to 5%. Math: $922.4M x 5% = ~$46.1M estimated AI revenue.
Analyzed by claude-opus-4-6

Quoted Figures

Net sales: SCEM $198,004, APS $250,326, MC $269,297, AMH $218,853, Inter-segment elimination ($14,084), Total $922,396 [three months ended Apr 1, 2023]
Segment Reporting Note, 10-Q ended Apr 1, 2023

AI Products Identified (Ring 1)

CMP slurries for AI chip nodesDeposition precursors for advanced logicFiltration for AI chip fabsAdvanced planarization for leading-edge

AI-Enabled Items (Ring 2 — Not Counted)

These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.

Mature node materialsNon-HBM memory materialsElectronic chemicals (EC, divested Oct 2023)Life sciencesNon-semiconductor materials handling

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix