Citi placed an “upside 30-day catalyst watch” on MKS Inc. (MKSI) ahead October’s Semicon West equipment show, which the firm thinks will be a positive catalyst for the wafer fab equipment group. The inference-led demand inflection from artificial intelligence will drive spending higher in all end markets, especially memory, the analyst tells investors in a research note. Citi has a Buy rating on MKS shares.
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