canar.ai
Rankings/MKSI/Q4 2022 Analysis

Mks Inc

MKSI
Q4 2022(MKSI Q3 FY2022)Estimated5% AI
AI Revenue %
5%
AI Fair Value
$415.7M
AI Revenue (Q)
$47.7M
Total Revenue (Q)
$954.0M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Q3 FY2022 total revenue $954M (first quarter including Atotech, acquired Aug 2022). Atotech added Materials Solutions Division with electronics packaging and specialty industrial revenue, diluting semiconductor share. 9M semiconductor = implied ~$1,532M of $2,461M = 62% for legacy periods, but Q3 included Atotech (~$200M non-semiconductor). For the blended quarter, semiconductor % dropped to ~50%. AI share of semiconductor capex ~8-10% in late 2022. Estimate: 50% semiconductor x 10% AI = 5%.
Analyzed by claude-opus-4-6

Quoted Figures

Total net revenues $954M for Q3 2022
10-Q filed 2022-09-30, Condensed Consolidated Statements of Operations
Shares issued for Atotech Acquisition 10.7M shares
10-Q filed 2022-09-30, Statements of Stockholders Equity

AI Products Identified (Ring 1)

Process control instruments for advanced node fabricationVacuum and gas delivery systemsElectronic packaging materials (via Atotech) for advanced chip 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 chemicalsAutomotive electronics materials

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix