Entegris Inc
ENTGQ2 2024(ENTG Q1 FY2024)Estimated7% AI
AI Revenue %
7%
AI Fair Value
$749.6M
AI Revenue (Q)
$54.0M
Total Revenue (Q)
$771.0M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Total revenue $771.0M (10-Q Mar 30, 2024). MS $350.0M (recast to 2-segment), APS $423.3M. Revenue lower YoY due to divestitures (EC, QED completed; PIM completed Mar 2024). Organic semiconductor materials demand recovering. AI chip production continues rapid growth: NVIDIA B100/H100 at full production, TSMC 3nm utilization high for AI, HBM3 production scaling. The share of advanced node wafer starts attributable to AI is growing. CHIPS Act mentioned as relevant to ENTG's Colorado Springs expansion. Increasing to 7%. Math: $771.0M x 7% = ~$54.0M estimated AI revenue.
Analyzed by claude-opus-4-6
Quoted Figures
Net sales: MS $350.0, APS $423.3, Inter-segment ($2.3), Total $771.0 [three months ended Mar 30, 2024, recast to 2-segment structure]
Segment Reporting Note, 10-Q ended Mar 30, 2024
Net sales $771,025 [vs $922,396 prior year, decline due to divestitures]
Income Statement, 10-Q ended Mar 30, 2024
AI Products Identified (Ring 1)
CMP slurries/pads for AI chip nodesALD/CVD precursors for AI acceleratorsLiquid filtration for EUV/advanced lithoGas purification for AI chip fabsHBM-related CMP materials
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 DRAM materialsNAND materialsLife sciencesNon-semiconductor materials
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix