Vishay Intertechnology, Inc. (NYSE: VSH), a maker of industrial electronics, has prepared fresh samples of semiconductors for mass manufacturing. The firm is banking on new industries that require components with unique properties.
VSH has a large selection of fundamental semiconductor components, such as transistors, resistors, capacitors, and other components, without which complicated electronics are difficult to manufacture.
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
Sponsored
Vishay Intertechnology, Inc. (VSH), a company that specializes in high-performance components, is always looking for new ways to attract large customers working on next-generation electronics.
Vishay released the EP2 tantalum capacitor last week, which has the largest capacitance in terms of voltage while also being able to function at temperatures ranging from -55 to +125 degrees Celsius.
Many devices require such components, as electronics makers demand a smaller component base that can withstand high temperatures and currents.
Vishay Intertechnology, Inc. (VSH) relies on the Capacitor business to deliver robust sales growth. This division took in $128 million (15 percent of total revenue) in the first quarter of 2022, representing a 20 percent year-over-year increase. With a CAGR of 1.4 percent from 2021 to 2026, the targeted capacitor market is expected to reach $19 billion by 2026.
Vishay Intertechnology, Inc. (VSH) has announced new glass thermistors for the automotive sector, as well as new MOSFETs for 600V data centre power systems.
VSH also released a haptic feedback sensor that can be used in devices that alert users through vibration or other mechanical impacts.
VSH stock rose 0.39% on Tuesday, closing at $20.44. The stock fluctuated between $19.99 and $20.64 during the trading session. The earnings per share ratio for the firm was 2.27. VSH has gained 3.34 percent in the last five sessions and 9.72 percent in the last month but has lost -6.54 percent year to date.
