MKS Instruments - Recovery in Chip Demand Creates Strong Outlook!
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Business Driver: MKS Instruments (MKSI) has established itself as a provider of proprietary high-precision vacuum, photonics, laser, chemical, and packaging subsystems for the chip and semiconductor industry. Notable clients include heavyweights such as Applied Materials, ASML, Lam Research, and KLA. Overall, MKS Instruments should benefit from the emerging demand recovery for high-end chips for AI applications. On September 8, Citigroup placed the stock on the "Positive Catalyst Watchlist" and maintained its rating at "Buy."
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