Here are 1-3 brief analogies for Entegris (ENTG):

• DuPont for the semiconductor industry. (Focuses on their role as a supplier of advanced materials and specialty chemicals.)
• Parker-Hannifin for microchip factories. (Highlights their provision of critical components, fluid handling, and process solutions for advanced manufacturing.)
• Ecolab for the ultra-clean environments of semiconductor manufacturing. (Emphasizes their expertise in microcontamination control, filtration, and purification essential for chip production.)

• Specialty Chemicals and Engineered Materials (SCEM): Provides high-performance process chemicals, advanced deposition materials, and gas purification solutions critical for semiconductor manufacturing processes.
• Microcontamination Control (MC): Offers advanced filtration and purification products designed to remove impurities from process gases and liquids used in semiconductor and other high-tech industries.
• Advanced Materials Handling (AMH): Develops and manufactures solutions for safely transporting and protecting wafers, reticles, and other critical materials throughout the semiconductor fabrication process.

Entegris (ENTG) primarily sells its products and solutions to other companies (B2B) within the semiconductor and other high-technology industries. They do not sell primarily to individuals.

According to Entegris's latest annual report (10-K filing), no single customer accounted for more than 10% of their net sales in 2023, 2022, or 2021. Therefore, Entegris does not publicly disclose the names of specific major customers that meet the SEC's disclosure threshold. However, based on their business description and the critical nature of their products (microcontamination control, specialty chemicals, and advanced materials), their customer base includes the leading players in the semiconductor manufacturing ecosystem. Their major customers would typically fall into the following categories of prominent companies:

Semiconductor Device Manufacturers (IDMs and Foundries)

These companies design and manufacture integrated circuits (chips) and are major consumers of Entegris's advanced materials and process solutions. Examples of such leading companies include:

• Intel (INTC)
• TSMC (TSM)
• Samsung Electronics (KRX: 005930, also OTC: SSNLF)
• Micron Technology (MU)
• SK Hynix (KRX: 000660, also OTC: HXSCF)
• Texas Instruments (TXN)

Semiconductor Equipment Manufacturers

These companies produce the highly sophisticated machinery used in the fabrication of semiconductors, which often incorporate or require materials and solutions provided by Entegris for their own operations or for their end-customers. Examples include:

• Applied Materials (AMAT)
• ASML Holding (ASML)
• Lam Research (LRCX)
• KLA Corporation (KLAC)
• Tokyo Electron (TYO: 8035, also OTC: TOELF)

Other Advanced Technology Manufacturers

Entegris also serves companies in other high-technology sectors that require advanced materials and contamination control, such as those in data storage, medical devices, and LED manufacturing. While specific names of major customers in this diverse category are not publicly disclosed by Entegris, these would include leading companies within those respective advanced technology markets.

David Reeder President and Chief Executive Officer

Mr. Reeder became President and CEO of Entegris in August 2025, having served as a member of the board of directors since March 2024. He brings over 20 years of executive leadership experience in the semiconductor industry, spanning IDMs, fabless, foundry, systems, and component companies. Most recently, he served as Chief Financial Officer at Chewy, Inc. from February 2024 until July 2025. Prior to that, from August 2020 until February 2024, he was Chief Financial Officer of GlobalFoundries Inc. (GFS), where he oversaw the company's initial public offering in 2021 and managed critical functions including operations, supply chain, procurement, and IT. Mr. Reeder also served as Chief Executive Officer of Tower Hill Insurance Group from 2017 to 2020. From 2015 to 2017, he worked at Lexmark International Inc., including as President and Chief Executive Officer and Chief Financial Officer. His prior experience includes serving as CFO of Electronics for Imaging, Inc. and holding executive roles at Cisco, Broadcom, and Texas Instruments Incorporated. He has spent over a decade working abroad in Asia and Europe. Mr. Reeder holds a Bachelor of Science degree in chemical engineering from the University of Arkansas and a Master of Business Administration degree from Southern Methodist University.

Linda LaGorga Senior Vice President and Chief Financial Officer

Ms. LaGorga joined Entegris in May 2023 as CFO and is responsible for all of the company's financial matters. She brings extensive experience in operational finance, financial planning and analysis, treasury, debt financing, capital markets, and mergers and acquisitions. Before joining Entegris, Ms. LaGorga served as Vice President and CFO of Honeywell's UOP business unit. She also previously held the role of Vice President and CFO of the Honeywell aerospace mechanical systems and components business. From 2018 to 2021, she led Honeywell's corporate financial planning and analysis organization. Prior to Honeywell, Ms. LaGorga was the global treasurer and head of business development for Bausch Health Companies Inc. Earlier in her career, she held various positions of increasing responsibility at Goldman Sachs, including serving as a managing director in the investment banking division. Ms. LaGorga began her career in the U.S. Navy and achieved the rank of lieutenant. She holds a Bachelor of Science degree in materials science and engineering from the University of Pennsylvania and an MBA from Harvard Business School.

Michael Besnard Senior Vice President and Chief Commercial Officer

Mr. Besnard joined Entegris in 2014 as Vice President of Global Strategic Accounts and was promoted to his current role as Senior Vice President and Chief Commercial Officer in 2016. In this role, he leads the performance, development, and management of corporate global sales operations, as well as the marketing and communications team. Prior to Entegris, he served as Vice President of Global Strategic Accounts at ATMI, leading efforts to align ATMI technologies with the needs of top-tier semiconductor manufacturers. He also served as director of the ATMI Surface Prep and Integration and Advanced Deposition Materials business units. Before ATMI, Mr. Besnard worked at MacDermid Enthone (previously Enthone) as director of business development for Copper Plating. He has 22 years of experience in the semiconductor industry. Mr. Besnard received a Bachelor of Science degree in Mechanical Engineering from the University of California at Los Angeles (UCLA) and an MBA in Corporate Finance from the University of Southern California (USC).

Joe Colella Senior Vice President, General Counsel, Chief Compliance Officer, and Secretary

Mr. Colella is responsible for managing and leading Entegris' legal affairs, including business transactions, intellectual property, compliance, corporate governance, securities, and litigation. He joined Entegris in 2013 as Senior Corporate Counsel and has held roles of increasing responsibility, including Assistant General Counsel and VP, Deputy General Counsel. Since May 2020, he has been a member of the executive leadership team and serves as Secretary of the corporation and to the board of directors. As Chief Compliance Officer, he provides oversight for ethical issues. Prior to joining Entegris, Mr. Colella was a corporate attorney at Bingham McCutchen LLP in Boston. He earned his J.D. degree from Duke University School of Law and a bachelor's degree from Harvard University.

Susan Rice Senior Vice President, Global Human Resources and Corporate Communications

Ms. Rice has led the enterprise-wide human resources strategy for Entegris since 2017. In this role, she is responsible for talent acquisition and retention, corporate communications, performance management, leadership development, and succession planning, as well as fostering a culture of learning and inclusion. Prior to Entegris, she served as Chief Human Resources Officer (CHRO) for Thermo Fisher Scientific from 2013 to 2017, where she was a member of the senior executive team and responsible for global HR strategy. She joined Thermo Fisher Scientific in 2006 and previously held human resources leadership roles in the life sciences, financial services, and HR outsourcing sectors. Ms. Rice holds a master's degree in public health from Yale University and a bachelor's degree in biology from Bates College.

Entegris (ENTG) is a leading supplier of critical advanced materials and process solutions primarily for the semiconductor industry. The addressable markets for their main products and services are significant and continue to grow globally.

• Advanced Semiconductor Materials: The global advanced semiconductor materials market was valued at approximately USD 50.55 billion in 2023 and is projected to reach USD 140.38 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 12.1% from 2024 to 2032. Another report indicates a market size of USD 50.4 billion in 2023, expected to reach USD 157.87 billion by 2033 with a CAGR of 12.10% from 2023 to 2033.

• Semiconductor Chemicals: The global semiconductor chemicals market is projected to grow from USD 14.3 billion in 2024 to USD 28.8 billion by 2030, at a CAGR of 12.5%. Other estimates show the market growing from USD 16.19 billion in 2025 to USD 29.25 billion by 2030 with a CAGR of 12.6%, and from USD 13.2 billion in 2023 to USD 28.0 billion by 2030 at a CAGR of 11.9% from 2024 to 2030.

• Semiconductor Filters (including liquid filters): The global semiconductor filter market was valued at approximately USD 1.5 billion in 2023 and is projected to reach around USD 3.5 billion by 2032, growing at a CAGR of 8.5%. Another report estimates the market size at USD 1.84 billion in 2025, forecasted to reach USD 4.19 billion by 2035, exhibiting a CAGR of 8.5%. Specifically for semiconductor liquid filters, the global market size was estimated at USD 444.89 million in 2022 and is forecast to reach USD 876.32 million by 2029 with a CAGR of 11.8%. Entegris holds a significant 28% share of the global semiconductor liquid filter market.

Entegris (ENTG) is expected to drive future revenue growth over the next 2-3 years through several key strategies and market trends:

1. Growth in Advanced Logic and AI-Related Applications: Entegris anticipates significant revenue growth from strong demand in advanced logic and artificial intelligence (AI) enabled applications, including High-Bandwidth Memory (HBM) and advanced packaging. Products such as CMP slurries and pads, selective etch and deposition materials, liquid filtration, and high-viscosity dispensed solutions are crucial for these cutting-edge technologies.
2. Increased Content per Wafer and New Product Introductions (POR Wins): The company's ongoing research and development investments are leading to "key wins in new nodes" and securing new "positions of record" (PORs). This strategy aims to increase the amount of Entegris content per wafer, with specific examples including Moly Deposition, Moly Edge in next-generation 3D NAND, and point-of-use photoresist filters in advanced logic.
3. Ramping Up New Manufacturing Facilities: Strategic investments in new manufacturing facilities in Taiwan and Colorado are expected to be a significant driver. Although these facilities have experienced some initial underutilization, they are designed to meet future demand and are anticipated to improve margins and support overall growth once fully operational and ramped up.
4. Expansion of Advanced Logic Products into Mainstream Applications: Entegris is actively pursuing organic growth by extending the application of its advanced logic products to a broader range of mainstream applications. This expansion is supported by strategic investments in its sales team.
5. Broader Semiconductor Market Recovery: Beyond advanced segments, a general recovery in mainstream logic and memory demand within the broader semiconductor industry is expected to contribute to Entegris' revenue growth. The company's sales are highly sensitive to semiconductor end-market demand, and an industry upturn will lead to increased demand for its consumable materials.

Share Repurchases

• Entegris's 6-Month Share Buyback Ratio was -0.18% as of June 2025, suggesting minimal share repurchase activity during that period.

Share Issuance

• Shares outstanding increased from 0.143 billion in 2022 to 0.151 billion in 2023, a 5.45% increase.
• Shares outstanding further increased to 0.152 billion in 2024, a 0.59% increase from 2023.
• As of September 30, 2025, shares outstanding were 0.152 billion, representing a 0.26% increase year-over-year.

Inbound Investments

• Entegris secured up to $77 million in CHIPS Act funding to support its manufacturing center in Colorado Springs.

Outbound Investments

• Acquired CMC Materials in December 2021 for $6.5 billion.
• Acquired Chemetall Precision Microchemicals in October 2021 for $90 million.
• Acquired Sinmat in January 2020 for $75 million and Global Measurement Technologies (GMTI) in July 2020 for $36 million.

Capital Expenditures

• Capital expenditures were approximately -$466 million in 2022, -$457 million in 2023, and -$316 million in 2024.
• Entegris announced plans for a $700 million investment in domestic R&D spending over several years, which includes related capital expenditures, complementing a previous $700 million commitment for a manufacturing center in Colorado Springs.
• The Colorado Springs manufacturing center is targeted to begin initial commercial operations in 2025, focusing on liquid filtration products and semiconductor wafer carriers (FOUPs). New facilities in Taiwan and Colorado are also expected to ramp up production in late 2025.