Mks Inc
MKSIQ2 2023(MKSI Q1 FY2023)Estimated5% AI
AI Revenue %
5%
AI Fair Value
$461.5M
AI Revenue (Q)
$39.7M
Total Revenue (Q)
$794.0M
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Q1 FY2023 total revenue $794M. This was a cyclical downturn quarter with semiconductor spending declining. No end-market breakdown available in the Q1 2023 10-Q (pre-segment note requirement). FY2023 annual semiconductor = $1,479M / $3,622M = 40.8%. The Q1 2023 semiconductor share was likely somewhat higher than Q2/Q3 due to order timing, but revenue was down sharply from FY2022 levels. Estimated semiconductor ~42% of Q1. AI share of semiconductor capex beginning to rise with ChatGPT launch (Nov 2022) driving AI investment, estimated ~12%. Conservative: 42% x 12% = 5.0%.
Analyzed by claude-opus-4-6
Quoted Figures
Total net revenues $794M for Q1 2023
10-Q filed 2023-03-31, Condensed Consolidated Statements of Operations
FY2023 Semiconductor end market revenue $1,479M of $3,622M total
10-K filed 2023-12-31, Revenue Disaggregation
AI Products Identified (Ring 1)
Process control instruments for advanced node fabricationVacuum and gas delivery systemsElectronic packaging materials for AI chip advanced packaging
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.
General semiconductor manufacturing instrumentsSpecialty chemicalsIndustrial laser systems
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix