canar.ai
Rankings/ENTG/Q4 2023 Analysis

Entegris Inc

ENTG
Q4 2023(ENTG Q3 FY2023)Estimated6% AI
AI Revenue %
6%
AI Fair Value
$592.4M
AI Revenue (Q)
$53.3M
Total Revenue (Q)
$888.2M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Total revenue $888.2M (10-Q Sep 30, 2023). Segment structure changed to MS/MC/AMH. MS $435.5M, MC $286.2M, AMH $180.2M. EC business divested Oct 2, 2023. AI chip production accelerating: NVIDIA data center revenue $14.5B in Q3 alone (up from $3.6B YoY), TSMC advanced node utilization rising. HBM demand surging for AI training GPUs. CMP slurry demand at leading-edge nodes increasingly AI-driven. Materials consumption at 3nm/5nm nodes ~2x content per wafer vs mature nodes, and growing AI chip share of leading-edge production justifies modest increase. Conservative 6%. Math: $888.2M x 6% = ~$53.3M estimated AI revenue.
Analyzed by claude-opus-4-6

Quoted Figures

Net sales: MS $435,538, MC $286,217, AMH $180,248, Inter-segment elimination ($13,764), Total $888,239 [three months ended Sep 30, 2023]
Segment Reporting Note, 10-Q ended Sep 30, 2023
Materials Solutions segment profit is inclusive of a $15.9 million goodwill impairment charge relating to the EC reporting unit
Segment Reporting Note, 10-Q ended Sep 30, 2023

AI Products Identified (Ring 1)

CMP slurries for advanced AI chip nodesDeposition precursorsFiltration for AI chip productionHBM bonding materialsAdvanced 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 materialsLife sciencesAMH non-semiconductor

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix