canar.ai
Rankings/ENTG/Q3 2024 Analysis

Entegris Inc

ENTG
Q3 2024(ENTG Q2 FY2024)Estimated8% AI
AI Revenue %
8%
AI Fair Value
$890.4M
AI Revenue (Q)
$65.0M
Total Revenue (Q)
$812.7M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Total revenue $812.7M (10-Q Jun 29, 2024). MS $342.3M, APS $472.6M. Revenue growing sequentially as semiconductor demand recovers. Taiwan revenue strong at $160.1M (TSMC-driven). China revenue $169.1M. AI chip production continuing to scale: NVIDIA data center quarterly revenue ~$26B, TSMC advanced node utilization at record levels driven by AI. HBM3E production accelerating. Content per wafer at advanced nodes (3nm, 2nm ramping) significantly higher for Entegris products. Growing AI share of leading-edge production supports increase to 8%. Math: $812.7M x 8% = ~$65.0M estimated AI revenue.
Analyzed by claude-opus-4-6

Quoted Figures

Net sales: MS $342.3, APS $472.6, Inter-segment ($2.2), Total $812.7 [three months ended Jun 29, 2024]
Segment Reporting Note, 10-Q ended Jun 29, 2024
Net sales $812,652 [vs $901,000 prior year]
Income Statement, 10-Q ended Jun 29, 2024

AI Products Identified (Ring 1)

CMP slurries/pads for AI chip nodesALD/CVD precursors for AI acceleratorsLiquid filtration for advanced lithoGas purification for leading-edge fabsHBM CMP materialsAdvanced packaging 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