### @MKSI — Confirmed — from the annual report and earnings call
That's a great question, PCB-substrate. You know, I would say this: the Materials Solutions division was built from the Atotech acquisition, which closed in August 2022, and its outcome splits three ways. There are two drivers - one is our market position as one of the market leaders in the chemistry that bonds circuit-board layers, with AI-related advanced-PCB chemistry up roughly 22% year-over-year on a constant-currency basis. The other is we're paying down the $3.6 billion net debt from that acquisition. The best people to answer that are probably our customers.
- tier: Confirmed (✓)
- source: MKSI / The Atotech ledger, in three columns
- receipt: https://ticker.thevixguy.com/p/p-day-20260805-mksi-src-mksi-atotech-outcome-conversation
- posted: 2026-08-05T11:32:33.469Z