A dominant market position creates potential
Over the past years, VAT Group has established itself as an indispensable partner of the global semi-conductor industry. The company from the St. Gallen Rhine Valley is the world market leader in vacuum valves, essential for the production of cutting-edge chips. With a market share of around 70%, VAT enjoys a dominant position thanks to its technological edge, deep integration into customer processes, and an international presence that possibly secures a leading role for the long term.
CEO Urs Gantner is pursuing continuity: the strategy remains firmly focused on the core business, while capacity expansion continues. The service segment is gaining importance, and investments in research are securing the company’s technological lead.
Current demand is fuelled above all by the AI boom and the construction of large data centres. At the same time, cyclical slowdowns in the memory segment and currency effects are weighing on short-term developments. Still, the structural drivers – rising process complexity and the growing importance of cleanroom technology – clearly point toward further growth.
For investors, VAT Group remains attractive despite the recent rally, which was amplified by Nvidia’s multi-billion investment in Intel. Even with much of the momentum already priced in, the company continues to stand out as a quality stock: solidly positioned, shareholder-friendly, and with robust prospects in a market set to expand significantly by the end of the decade.
Foto credits: www.vatgroup.com
