canar.ai
Rankings/MKSI/Q3 2024 Analysis

Mks Inc

MKSI
Q3 2024(MKSI Q2 FY2024)Estimated7% AI
AI Revenue %
7%
AI Fair Value
$705.4M
AI Revenue (Q)
$62.1M
Total Revenue (Q)
$887.0M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Q2 FY2024 total revenue $887M. Semiconductor end market = $369M / $887M = 41.6%. AI semiconductor investment continuing to accelerate. AI share of semiconductor capex estimated ~18%. Conservative: 41.6% x 18% = 7.5%, but rounding conservatively to 7% given uncertainty in MKS's specific AI chip exposure vs. general semiconductor.
Analyzed by claude-opus-4-6

Quoted Figures

Semiconductor $369, Electronics and Packaging $229, Specialty Industrial $289, total $887 for Q2 2024
10-Q filed 2024-06-30, Note 3 Revenue Disaggregation
6M 2024: Semiconductor $720, Electronics and Packaging $437, Specialty Industrial $598, total $1,755
10-Q filed 2024-06-30, Note 3 Revenue Disaggregation

AI Products Identified (Ring 1)

Process control instruments for advanced node fabricationVacuum/gas delivery for AI chip deposition/etchElectronic packaging materials for CoWoS/HBM 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