MKSI - MKS Instruments: Growth Outlook Benefiting From Rebounding Chips Sector
MKS Instruments Inc., (NASDAQ:MKSI) with a market cap of $6.4 billion, is a leading supplier of the instrumentation, equipment, and control systems used in high-tech manufacturing processes. These specialty components are often crucial for the development of semiconductors along with industrial technologies. While growth has been strong over the past decade, 2019 was more difficult considering challenging macro conditions and weaknesses in the chips market, particularly in the first half of the year. The company just reported its latest quarterly result, highlighted by sequentially improving sales, setting up a more positive outlook for