Entegris Inc
ENTGQ1 2024(ENTG Q4 FY2023)Estimated6% AI
AI Revenue %
6%
AI Fair Value
$596.4M
AI Revenue (Q)
$53.3M
Total Revenue (Q)
$888.2M
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
10-K annual filing. FY2023 total: MS $1,689.5M, MC $1,127.6M, AMH $758.6M, total ~$3.58B. Annual results include divested businesses (EC, QED) which inflated MS revenue vs run-rate. Excluding divestitures, MS was ~$1.15B. Company mentions AI as semiconductor demand driver but provides zero quantification. FY2023 saw significant AI chip ramp, particularly in H2. NVIDIA CY2023 data center revenue ~$47B (up from ~$15B). However, AI chips still represent perhaps 8-10% of total semiconductor revenue, and materials demand is spread across all chip types. Entegris content per wafer premium at advanced nodes provides some additional AI leverage. Implied Q4 revenue ~$837M (annual - 9-month cumulative ~$2,712M). Conservative 6%. Math: $837M x 6% = ~$50.2M.
Analyzed by claude-opus-4-6
Quoted Figures
Materials Solutions net sales $1,689,467; MC net sales $1,127,555; AMH net sales $758,648 [FY2023]
Segment Discussion, 10-K ended Dec 31, 2023
Products and emerging applications such as smartphones, wearable technology, self-driving vehicles, artificial intelligence, the Internet of Things, gaming and virtual reality, high-performance and cloud computing
Item 1 Business, 10-K ended Dec 31, 2023
AI Products Identified (Ring 1)
CMP slurries for advanced nodesDeposition precursors for AI chipsFiltration for leading-edgeHBM-related 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 memoryLife sciencesAMH non-semiconductor
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix