Nomura Small Cap Growth Fund on MKS Inc.
Thesis
MKS is held as part of the fund's semiconductor exposure. The company benefited from tailwinds in semiconductor capital equipment and compound semiconductors during the quarter. This aligns with the fund's broader emphasis on AI infrastructure through companies that pass its business-model quality screen and have proven revenue and asset-efficiency characteristics.
“MKS Inc., MACOM Technology Solutions Holdings Inc., and Kulicke & Soffa Industries Inc. all posted strong gains”