U.S. Semiconductor Stocks Surge 8%... Market Cap Increased by Nearly 1 Trillion Won in Just One Day
Vishay Intertechnology Inc. (VSH) closed up 7.95% at $64.10 (approximately KRW 90,000) on the New York Stock Exchange. Its market capitalization climbed by roughly $700 million (about KRW 1 trillion) in a single day to around $8 billion (KRW 11 trillion).
In its first-quarter 2026 results announced on May 13, the company reported revenue of $839.2 million (about KRW 1.1 trillion), a 21% gross profit margin, and earnings per share of $0.05. At the same briefing, Vishay said its book-to-bill ratio for the semiconductor and passive components segments rose to 1.34, indicating demand is now outstripping supply in a recovery phase. In April, the company also launched new products—including an ultra-fast rectifier diode with enhanced power efficiency.
Vishay Intertechnology is one of the world’s largest manufacturers of discrete semiconductors and passive components, supplying critical parts across automotive, industrial, computing, communications, defense, and medical markets. Since 2024, under its “Vishay 3.0” strategy, the company has been driving cost reductions through restructuring and plant relocations, reallocating capacity toward high-growth products, and targeting improved medium- to long-term profitability.