Analysts at several investment banks say Swiss company VAT Group is poised to benefit significantly from the growth of artificial intelligence. Investment firm Vontobel emphasized that the company is a key player in the artificial intelligence chip supply chain. The stock is listed in Switzerland and also trades in the United States. Analysts at Vontobel said artificial intelligence could be the “biggest technological shift in our lifetimes,” with the global semiconductor industry expected to reach $1 trillion by 2030. -40% Vontabel senior equity analyst Michael Foeth said in an Aug. 5 note to clients: “Semiconductor equipment technology is making this transition through 2027,” he added, citing VAT as key to benefiting. stock. VAT Group Vontobel has a “buy” rating on VAT Group with a target price of 540 Swiss francs ($641), representing a potential upside of 35%. The company, headquartered in The Hague, Switzerland, specializes in the development and manufacture of vacuum valves used in semiconductor production. Their products are used by other semiconductor supply chain companies such as Lam Research to build so-called “ultra-clean rooms” for wafer production. VAC.N – CH 1Y Line Vontobel isn’t the only company to be bullish on VAT. Olivia Honychurch of investment bank Jefferies set a price target on the stock of CHF 700, indicating room for upside of 75%. UBS also pointed out that ongoing artificial intelligence trade tensions between China and the United States may bring potential risks, which may affect 10% of global semiconductor equipment capital expenditures. FactSet estimates that 25% of the industry’s total revenue comes from China, with U.S. sales accounting for 22%. However, RBC Capital Markets – the most bearish house on VAT – upgraded the stock to “sector perform” from “underperform” in August, citing concerns about fab equipment. WFE) market confidence. RBC’s Sebastian Kuenne said: “We remain generally confident in the outlook for the WFE market and the role of VAT within it. A decline is expected (lowering high-margin China Business and FX headwinds) but will not affect the underlying case Comet, Inficon Vontobel also highlighted Comet and Inficon as potential beneficiaries of the artificial intelligence boom, although the bank’s expectations were more cautious for X-ray and radio frequency technology supplier Comet. Give it a “hold” rating and a target price of 345 Swiss francs, indicating a 10% upside potential. Inficon, which specializes in gas analysis and measurement instruments, also has a “hold” rating from Vontobel, with a price target of CHF 1,270, implying an 8% upside.
