In its Q2 2026 investor letter, the Spyglass Growth Strategy highlighted MKS Inc. (NASDAQ:MKSI) as a notable contributor.
MKS Inc. (NASDAQ:MKSI) is a leading technology company that offers advanced foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications
On July 30, 2026, MKS Inc. (NASDAQ:MKSI) closed at $293.30 per share, reflecting a market capitalization of $19.82 billion. MKS Inc. (NASDAQ:MKSI) posted a one-month return of -19.77%, while its shares gained 216.23% over the past 52 weeks. Spyglass Growth Strategy stated the following regarding MKS Inc. (NASDAQ:MKSI) in its Q2 2026 investor update: “MKS Inc. (NASDAQ:MKSI)), a semiconductor capital equipment components supplier, was a new position during the second quarter.
Semiconductor chips are produced on wafer fabrication equipment (“WFE”) which are sold by firms such as Applied Materials, Lam Research, Tokyo Electron, KLA, and ASML. This equipment in turn relies on vacuum, gas delivery, RF power, and photonics subsystems which MKS supplies, and the Company holds the #1 or #2 share position in products touching approximately 85% of WFE spend. We see these as sticky, specified-in positions that gain content as chips grow more complex.