Article

VAT, Inficon, and Comet are prominent Swiss companies in the semiconductor equipment sector, with VAT leading in vacuum valves. In 2024, VAT's semiconductor sales reached 80% of CHF 940m revenue, boasting high margins.

Inficon, with 50% of sales in semiconductors, reported $673m in flat sales for 2025, while Comet, heavily reliant on chipmakers, anticipates significant market growth by 2028. Their valuations reflect industry cycles, with high P/E ratios indicating strong future expectations.