canar.ai
Rankings/MKSI/Q1 2024 Analysis

Mks Inc

MKSI
Q1 2024(MKSI Q4 FY2023)Estimated6% AI
AI Revenue %
6%
AI Fair Value
$559.5M
AI Revenue (Q)
$55.9M
Total Revenue (Q)
$932.0M
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.gov

Analysis

Q4 FY2023 derived: FY2023 total $3,622M minus 9M $2,730M = $892M. FY2023 annual semiconductor = $1,479M / $3,622M = 40.8%. Q4 implied semiconductor = $1,479M - (9M semiconductor estimated ~$1,117M from Q3 filing) = $362M of $892M = 40.6%. AI share of semiconductor capex ~15%. Conservative: 40.6% x 15% = 6.1%, rounded to 6%.
Analyzed by claude-opus-4-6

Quoted Figures

FY2023 Semiconductor end market revenue $1,479M of $3,622M total
10-K filed 2023-12-31, Revenue Disaggregation
9M 2023 Semiconductor $1,117M of $2,730M total
10-Q filed 2023-09-30, 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