canar.ai
Rankings/MKSI/Q4 2024 Analysis

Mks Inc

MKSI
Q4 2024(MKSI Q3 FY2024)Estimated8% AI
AI Revenue %
8%
AI Fair Value
$880.7M
AI Revenue (Q)
$218.4M
Total Revenue (Q)
$2.7B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Q3 FY2024 total revenue $896M. Semiconductor end market = $378M / $896M = 42.2%. AI semiconductor capex share increasing further with Blackwell production ramp, HBM3e, and advanced packaging expansion at TSMC. AI share of semiconductor capex estimated ~19-20%. Conservative: 42.2% x 19% = 8.0%.
Analyzed by claude-opus-4-6

Quoted Figures

Semiconductor $378, Electronics and Packaging $231, Specialty Industrial $287, total $896 for Q3 2024
10-Q filed 2024-09-30, Note 3 Revenue Disaggregation
9M 2024: Semiconductor $1,098, total $2,652
10-Q filed 2024-09-30, 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