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Concurrent Investment Advisors LLC purchased a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 50,583 shares of the semiconductor company’s stock, valued at approximately $2,720,000.

Other hedge funds have also recently bought and sold shares of the company. Rockefeller Capital Management L.P. increased its holdings in shares of Vishay Intertechnology by 212.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 1,402 shares during the period. Carolina Wealth Advisors LLC bought a new position in Vishay Intertechnology during the second quarter valued at about $32,000. Quarry LP acquired a new stake in Vishay Intertechnology in the 3rd quarter worth approximately $39,000. Rakuten Securities Inc. acquired a new stake in shares of Vishay Intertechnology in the second quarter worth $47,000. Finally, Allworth Financial LP acquired a new position in Vishay Intertechnology in the 2nd quarter valued at $54,000. 93.66% of the stock is owned by hedge funds and other institutional investors.

Vishay Intertechnology Stock Performance Shares of Vishay Intertechnology stock opened at $31.41 on Wednesday. The firm has a fifty day moving average of $36.08 and a two-hundred day moving average of $34.73. The stock has a market capitalization of $4.82 billion, a price-to-earnings ratio of 165.30, a PEG ratio of 3.74 and a beta of 1.80. Vishay Intertechnology, Inc. has a 52 week low of $11.77 and a 52 week high of $69.47. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.27 and a current ratio of 1.80.

Vishay Intertechnology (NYSE:VSH – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.04. Vishay Intertechnology had a return on equity of 1.84% and a net margin of 0.86%.The company had revenue of $918.58 million for the quarter, compared to the consensus estimate of $897.03 million. During the same quarter in the prior year, the business posted ($0.07) EPS. The firm’s quarterly revenue was up 16.6% on a year-over-year basis. As a group, equities research analysts predict that Vishay Intertechnology, Inc. will post 0.85 EPS for the current year. Vishay Intertechnology Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 10th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.40 annualized dividend and a yield of 1.3%. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 210.53%.

Wall Street Analyst Weigh In Several brokerages have recently issued reports on VSH. Bank of America raised their price target on Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a research report on Thursday, May 14th. Truist Financial assumed coverage on shares of Vishay Intertechnology in a research note on Thursday, September 3rd. They issued a “buy” rating and a $42.00 price objective for the company. Raymond James Financial assumed coverage on Vishay Intertechnology in a report on Tuesday, August 4th. They issued an “outperform” rating and a $40.00 target price for the company. Needham & Company LLC began coverage on shares of Vishay Intertechnology in a report on Tuesday, August 4th. They set a “buy” rating and a $45.00 price target for the company. Finally, Wall Street Zen downgraded Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Saturday. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $35.00.

Read Our Latest Stock Report on Vishay Intertechnology

(Free Report)

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.

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CHEP Series Devices Offer Power Ratings Up to 2.8 W, High Frequency Operation to 50 GHz, and Low Parasitics in Compact 0402 and 0603 Case Sizes  | Source: Vishay Intertechnology, Inc.

MALVERN, Pa., Sept. 03, 2026 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a new series of thin film chip resistors in compact 0402 and 0603 case sizes. Built on an advanced aluminum nitride (AlN) substrate, the Vishay Sfernice CHEP series combines exceptional power handling and high frequency performance in standard surface-mount footprints, allowing designers to achieve higher power density without sacrificing RF performance or increasing board space.

The CHEP series sets a new benchmark for power handling in its class. While competing solutions are often rated below 1 W, the devices released today deliver standard power ratings of 1.2 W in the 0402 case size and 1.8 W in the 0603 case size. When mounted per datasheet guidelines, power ratings increase by 50 % to 1.8 W and 2.8 W, respectively, enabling higher power density in smaller footprints.

The resistors operate across a wide frequency range and are available with flip-chip or wraparound terminals. When mounted as flip-chip devices, resistors in the 0402 case size achieve frequencies to 50 GHz, while wraparound active face-up mounting supports operation to 20 GHz. Devices in the 0603 case size support frequencies up to 40 GHz.

Designed to minimize internal reactance, the CHEP series features LC values as low as 1 x 10⁻²⁴. The resulting low parasitics reduce phase shift, maintain consistent impedance, and minimize noise to improve RF performance, while standard 0402 and 0603 case sizes enable easy integration into widely accepted land patterns, simplifying design and layout.

The devices are ideal for telecom and connectivity applications, including LEO satellites, base station terminals, 5G and 6G networks, and RF infrastructure such as remote radio units (RRUs) and antennas. Additional applications include aerospace and defense systems such as drones, satellite payloads, guidance and telemetry systems, data links, and phased array radar systems.

The resistors offer a resistance range from 20 Ω to 120 Ω with tolerances down to ± 1 % and a temperature coefficient of ± 100 ppm/°C, with ± 50 ppm/°C available on request. RoHS-compliant, halogen-free, and Vishay Green, the devices operate over a temperature range from -55 °C to +155 °C.

Samples and production quantities of the CHEP series are available now, with lead times of 16 weeks.

Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.® Vishay Intertechnology, Inc. is a Fortune 1000 Company listed on the NYSE (VSH). More on Vishay at www.Vishay.com.

The DNA of tech® is a registered trademark of Vishay Intertechnology, Inc.

Vishay on Facebook: http://www.facebook.com/VishayIntertechnology
Vishay Twitter feed: http://twitter.com/vishayindust

Links to product datasheets:
http://www.vishay.com/ppg?53090  (CHEP)

Link to product photo:
https://www.flickr.com/photos/vishay/albums/72177720335333919

For more information please contact:
Vishay Intertechnology
Peter Henrici, +1 408 567-8400
[email protected]
 or
Redpines
Bob Decker, +1 415 409-0233
[email protected]

CHEP series

MALVERN, Pa., Aug. 25, 2026 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today announced that it has expanded its portfolio of Automotive Grade common mode chokes with four new surface-mount devices designed to improve system efficiency while saving board space. Offered in compact case sizes, the Vishay Dale ICM5050-A, ICM6050-A, IFLN-1210BE-A, and IFLN-1812CZ-A combine low DCR with high current capability and impedance.

Offering high temperature operation up to +150 °C, the AEC-Q200 qualified devices released today provide noise suppression and filtering for DC/DC power supplies, LCD displays, lighting drivers, in-vehicle Ethernet networks, and battery powered devices. While toroidal common mode chokes typically provide DCR of 23 mΩ, the ICM5050-A, ICM6050-A, IFLN-1210BE-A, and IFLN-1812CZ-A offer low DCR from 0.4 mΩ to 12 mΩ to reduce power losses and increase efficiency in these applications.

The ICM5050-A and ICM6050-A are wirewound ferrite common mode chokes that offer high current capabilities up to 11 A in the 5050 case size and 14 A in the 6050 case size. With footprints of 12.0 mm x 11.0 mm x 6.0 mm and 15.0 mm x 13.0 mm x 6.0 mm, respectively, the devices can save board space by replacing larger toroidal common mode chokes, which typically measure 19 mm x 30 mm x 28 mm.

The IFLN-1210BE-A and IFLN-1812CZ-A are ferrite common mode chokes with precision winding. The devices provide excellent common mode impedance up to 11 kΩ at 100 MHz in the compact 1210 and 1812 case sizes, making them ideal for suppressing EMI noise in CAN, LAN, and automotive DC/DC converters.

RoHS-compliant, halogen-free, and Vishay Green, all four devices are suitable for reflow soldering and compatible with automated pick and place assembly.

Device Specification Table:

Part #ICM5050-AICM6050-AIFLN-1210BE-AIFLN-1812CZ-ACommon mode impedance typ. (Ω)@ 10 MHz160 to 85040 to 80550 to 5100600 to 5800@ 100 MHz500 to 1700300 to 7002200 to 11 0004000 to 5200Inductance (µH)——11 to 10011 to 100DCR max. (mΩ)4 to 123.5 to 50.4 to 1.50.6 to 2Heat rating current typ. (A)5.5 to 11(¹)10 to 14(¹)0.150 to 0.300(²)0.200 to 0.360(²)Case size5050605012101812Dimensions (mm)12.0 x 11.0 x 6.015.0 x 13.0 x 6.03.2 x 2.5 x 2.54.5 x 3.2 x 3.0Operating temp. (°C)-40 to +125-40 to +125-55 to +150-55 to +150 (1) DC current (A) that will cause an approximate ΔT of 40 °C
(2) DC current (A) that will cause an approximate ΔT of 20 °C

Samples and production quantities of the new common mode chokes are available now, with lead times of 10 to 12 weeks.

Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.® Vishay Intertechnology, Inc. is a Fortune 1000 Company listed on the NYSE (VSH). More on Vishay at www.Vishay.com.

The DNA of tech® is a registered trademark of Vishay Intertechnology, Inc.

Vishay on Facebook: http://www.facebook.com/VishayIntertechnology
Vishay Twitter feed: http://twitter.com/vishayindust

Links to product datasheets:
http://www.vishay.com/ppg?34693  (ICM5050-A)
http://www.vishay.com/ppg?34694  (ICM6050-A)
http://www.vishay.com/ppg?34668  (IFLN-1210BE-A)
http://www.vishay.com/ppg?34669  (IFLN-1812CZ-A)

Link to product photo:
https://www.flickr.com/photos/vishay/albums/72177720335102550/

For more information please contact:
Vishay Intertechnology
Peter Henrici, +1 408 567-8400
[email protected]
 or
Redpines
Bob Decker, +1 415 409-0233
[email protected]

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As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.

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Stock to Watch: Vishay Intertechnology (VSH - Free Report) Malvern, PA-based Vishay Intertechnology is a global manufacturer and supplier of semiconductors and passive components.

VSH is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Momentum investors should take note of this Computer and Technology stock. VSH has a Momentum Style Score of A, and shares are up 2.3% over the past four weeks.

Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.11 to $0.86 per share. VSH boasts an average earnings surprise of +10.8%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, VSH should be on investors' short list.

A Look at Vishay Intertechnology Inc (VSH) After 3.5% Gain -- GF Value $20.86 vs Price $31.74

On August 27, 2026, Vishay Intertechnology Inc VSH shares rose 3.5% today, currently priced at $31.74. This price is situated within a 52-week range of $11.77 to $69.47.

GF Value™ verdict: Current price $31.74 vs GF Value of $20.86, indicating it is 52.2% overvalued. GF Score™ of 76/100, reflecting an above-average investment quality. Most notable signal: No insider transactions in the past 12 months. Is VSH Overvalued or Undervalued? The current valuation of Vishay Intertechnology Inc VSH presents a complex picture. With the GF Value™ estimated at $20.86, the stock is currently trading at $31.74, which indicates that it is significantly overvalued by approximately 52.2%. GF Value™ represents GuruFocus' proprietary estimate of intrinsic value, synthesized from historical trading multiples, past business growth, and projections for future performance. Given that Vishay is currently unprofitable and cash-flow-negative, the traditional earnings-based valuation methods, such as Price-to-Earnings (P/E), are less applicable. The steep P/E ratio of 167.1x highlights the disconnect between current market pricing and fundamental profitability metrics.

This overvaluation poses a risk for potential investors, as buying into a stock priced above its intrinsic value can lead to future losses if market corrections occur. While the GF Value™ offers a directional warning regarding the stock's valuation, its reliability may wane for loss-making companies like VSH, suggesting caution when interpreting these figures.

How Does VSH's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 167.1x 9.7x Forward P/E 37.5x N/A VSH's current P/E ratio of 167.1x stands at an astounding 1631% above its 5-year median of 9.7x, indicating that the stock is trading well above its historical valuation levels. This stark contrast supports the GF Value™ assessment that the stock is significantly overvalued, as the P/E analysis aligns with the warning signals presented by the GF Value™ estimate.

What Does VSH's GF Score™ Tell Us? The GF Score™ evaluates a stock based on various factors including financial strength, profitability, growth potential, valuation, and momentum. VSH's score of 76/100 suggests that the company has above-average investment quality. Its strongest sub-ranks are in profitability and growth, both scoring 7/10, while the weakest area is valuation, which scores only 3/10.

Metric Rating GF Score™ 76/100 Financial Strength 6/10 Profitability 7/10 Growth 7/10 Valuation 3/10 Momentum 6/10 Overall, VSH's GF Score™ reflects a company with solid profitability and growth potential, yet significant weaknesses in valuation metrics. This combination indicates a company that may be performing well operationally but is not currently priced in a way that reflects a sound investment from a valuation perspective.

What Are Gurus and Insiders Doing with VSH? Currently, 11 gurus hold positions in VSH, with 7 adding to their stakes while 5 have trimmed their positions in recent quarters. This activity suggests a mixed sentiment among institutional investors, with some confidence in VSH’s prospects, even as others pull back.

Interestingly, there have been no insider transactions reported in the past 12 months. This lack of insider buying may imply that those closest to the company do not foresee significant upside in the near term, which could be a cautionary signal for potential investors.

What This Means for Investors In summary, Vishay Intertechnology Inc VSH appears to be overvalued based on its current price compared to the GF Value™ estimate. The significant discrepancy between the market price and the intrinsic value indicates potential risks for investors considering entry at these levels. Caution is advised given the company's cash-flow-negative status and the warning signs from both GF Value™ and historical P/E ratios. For more detailed information, visit the Vishay Intertechnology Inc (VSH) stock page.

Frequently Asked Questions What is VSH's GF Score™?

VSH has a GF Score™ of 76/100, indicating above-average investment quality based on various fundamental factors.

Is VSH overvalued or undervalued?

VSH is overvalued according to GF Value™, which estimates the fair value at $20.86, reflecting a 52.2% premium to the current market price.

What is VSH's P/E ratio?

VSH's P/E ratio (TTM) is currently 167.1x, significantly higher than its 5-year median of 9.7x, indicating a major divergence from historical valuation levels.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

MALVERN, Pa., Aug. 20, 2026 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a new series of thick film power resistors that deliver an industry-leading 650 W of continuous power in a low profile package. Offering customizable cabling and optional temperature sensing integration, Vishay MCB RPWA 650 series devices reduce component counts, saving space while simplifying designs and assembly.

The high power capabilities and compact package of the devices released today allow designers to achieve higher power density, reducing the number of parallel resistors required. Their performance is supported by a “cold system” baseplate design that enables efficient heat transfer to an external heatsink (not supplied), maintaining stable operation over a wide temperature range from -55 °C to +155 °C.

To further streamline designs, RPWA 650 series devices integrate a power resistor and optional embedded NTC temperature sensor in a single housing. Customizable cabling and an easy-mount design with self-calibrating pressure eliminate the need for board-level soldering, reduce wiring and assembly complexity, and enable faster plug and play integration in power modules and assemblies.

Offering a wide range of resistance values from 6.2 Ω to 1 MΩ, with tolerances down to ± 5 %, the RPWA 650 series supports a variety of circuit functions, including precharge, discharge, active discharge, power conversion, and snubber operations. The devices are ideal for automotive, energy, industrial, medical, and avionics systems used in harsh environments.

The resistors provide high voltage capability with maximum operating voltage up to 6000 VDC, dielectric strength to 7000 VRMS, and typical self-inductance of ≤ 40 nH. For high voltage and fast-switching circuits, this combination enables accurate energy dissipation and minimizes transient overshoot. The devices also offer high pulse energy capability, supporting repetitive operation up to 3.5 J per pulse for 50 μs pulses. The RoHS-compliant resistors are pending AEC-Q200 qualification.

Samples and production quantities of the RPWA 650 series are available now, with lead times of 8 to 12 weeks. 

Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.® Vishay Intertechnology, Inc. is a Fortune 1000 Company listed on the NYSE (VSH). More on Vishay at www.Vishay.com.

The DNA of tech® is a registered trademark of Vishay Intertechnology, Inc.

Vishay on Facebook: http://www.facebook.com/VishayIntertechnology
Vishay Twitter feed: http://twitter.com/vishayindust

Links to product datasheets:
http://www.vishay.com/ppg?32650  (RPWA 650)

Link to product photo:
https://www.flickr.com/photos/vishay/albums/72177720335093802

For more information please contact:
Vishay Intertechnology
Peter Henrici, +1 408 567-8400
[email protected]
 or
Redpines
Bob Decker, +1 415 409-0233
[email protected]

On August 18, 2026, Vishay Intertechnology Inc
VSH -5.79% 77

shares fell 5.8% to $33.52, a significant move given the stock's 52-week range of $11.77 to $69.47. The decline today adds to the stock's 1-month drop of 11.3%, although it remains up 133.1% year-to-date and 131.9% over the past year.

GF Value™ verdict: Current price of $33.52 is 61.0% above the GF Value™ estimate of $20.82.GF Score™ of 77/100 indicates above-average performance compared to peers.Notable signal: No insider transactions have occurred in the past 12 months.Is VSH Overvalued or Undervalued?Given the current price of $33.52, Vishay Intertechnology Inc appears significantly overvalued according to the GF Value™, which estimates the fair value at $20.82. This assessment highlights a notable margin of safety for potential investors; the stock is trading at a 61.0% premium to its intrinsic value. The GF Valuation label classifies the stock as significantly overvalued, which indicates that the current price is not justified by the company's financial performance and growth prospects.

It is important to note that GF Value™ is derived from a combination of historical trading multiples, past business growth, and future performance estimates. In the case of VSH, the reliance on earnings-based valuation metrics, such as the Price-to-Earnings (P/E) ratio, is less applicable due to the company's ongoing cash flow challenges and unprofitability. Therefore, a Price-to-Sales (P/S) analysis, which averages around 1.0x historically, may provide a more relevant valuation perspective.

How Does VSH's Valuation Compare to Its History?MetricCurrentHistoricalP/E (TTM)176.4x9.7xForward P/E39.6xN/AVishay's current P/E ratio of 176.4x is dramatically higher than its 5-year median P/E of 9.7x, representing an increase of 1728%. This stark contrast reinforces the GF Value™ assertion that the stock is significantly overvalued, as it is trading well above its historical valuation norms.

What Does VSH's GF Score™ Tell Us?The GF Score™ is a comprehensive measure that evaluates a company's performance across various dimensions, including financial strength, profitability, growth, valuation, and momentum. With a GF Score™ of 77/100, VSH demonstrates above-average potential, although certain areas show weaknesses.

MetricRatingGF Score™77Financial Strength7/10Profitability7/10Growth7/10Valuation3/10Momentum6/10VSH's strengths lie in its financial strength, profitability, and growth, each rated 7/10, indicating a solid foundation for the business. However, the valuation rank of 3/10 is particularly concerning, aligning with the earlier valuation discussions regarding the stock being overvalued. The momentum rank of 6/10 suggests some positive price action, yet does not mitigate the valuation concerns.

What Are Gurus and Insiders Doing with VSH?Currently, 11 gurus hold positions in VSH, with 6 adding to their stakes and 6 trimming their positions in recent quarters. This mixed guru activity highlights a certain level of interest in the stock, yet the lack of insider transactions over the past 12 months may suggest apprehension regarding the company's future performance.

The presence of multiple gurus holding the stock, despite the mixed actions regarding their positions, indicates a cautious optimism. However, the absence of insider buying signals may raise questions about management's confidence in the company's prospects. This could be an important consideration for potential investors seeking insights into the company's future trajectory.

What This Means for InvestorsIn summary, Vishay Intertechnology Inc
VSH -5.79% 77

appears significantly overvalued based on the GF Value™ assessment, which estimates a fair value of $20.82 compared to the current price of $33.52. While the company shows strengths in financial stability and profitability, the valuation metrics present a concerning picture for potential investors. For further information and detailed analysis, visit the Vishay Intertechnology Inc (VSH) stock page.

Frequently Asked QuestionsWhat is VSH's GF Score™?

VSH has a GF Score™ of 77/100, indicating above-average performance compared to its peers.

Is VSH overvalued or undervalued?

VSH is currently overvalued, with a GF Value™ verdict indicating a 61.0% premium over its estimated intrinsic value.

What is VSH's P/E ratio?

VSH's P/E ratio is 176.4x, which is significantly above its 5-year median P/E of 9.7x, indicating a dramatic increase in valuation compared to historical levels.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Vishay Intertechnology is emerging from a downturn, with revenue and margins recovering and AI-related power applications accelerating growth. VSH reported broad-based demand, record orders, and a book-to-bill ratio of 1.32, with distributor inventories declining and pricing power improving. Management expects to reach a 24% gross margin one quarter early, targeting 30% by 2028, with margin expansion as the key earnings driver.

Devices Comply With IEC 60384-14, Combine Y1 Rating of 300 VAC and 1500 VDC With Insulation Resistance ≥ 10 000 MΩ in SMD Casing MALVERN, Pa., Aug. 11, 2026 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a new series of AC line rated ceramic disc safety capacitors with a Y1 rating of 300 VAC and 1500 VDC in a surface-mount casing.

Key Takeaways Vishay's book-to-bill reached 1.32 as backlog climbed 18% to $1.9 billion amid broad demand growth globally.Third-quarter revenues guided to $945-$975M, with 24% gross margin arriving a quarter earlier than planned.Vishay is investing $400-$440M in 2026 capex as new semiconductor and passive-component capacity ramps. Vishay Intertechnology, Inc. (VSH - Free Report) framed its second-quarter 2026 call around an early industry upcycle, broad demand gains and a faster path to higher margins. Management said stronger bookings, rising customer counts and added capacity are helping the company capture more industrial, AI, automotive and aerospace business.

The company reported earnings of 19 cents per share, which beat the Zacks Consensus Estimate of 15 cents. GAAP revenues of $888.6 million missed the $893.4 million consensus mark, while adjusted revenues totaled $918.6 million after excluding tariff refunds passed through to customers.

VSH Sees Broad-Based Demand StrengthPresident and chief executive officer Joel Smejkal said adjusted revenues rose 9.5% sequentially and 20.5% year over year, with growth across technologies, end markets, channels and regions.

Book-to-bill reached 1.32, including 1.23 for semiconductors and 1.40 for passive components. Backlog increased 18% to $1.9 billion, equal to 6.1 months of sales.

CEO Smejkal said industrial demand led the increase, supported by smart-grid projects, AI power infrastructure, high-voltage direct-current systems and factory automation. He also cited stronger automotive, aerospace and defense, healthcare, computing and telecommunications demand.

Vishay Pulls Its Margin Goal ForwardExecutive vice president and chief financial officer David McConnell guided third-quarter revenues to $945 million to $975 million. At the midpoint, that represents 4.5% sequential growth and 21.4% year-over-year growth, including European seasonality.

Gross margin is expected at 24%, plus or minus 50 basis points. CFO McConnell said that level would arrive one quarter earlier than the prior goal of exiting 2026 at a 24% margin.

CEO Smejkal attributed the progress to volume, pricing, channel management, cost savings and product mix. Management continues to target a 30% gross margin under Vishay 3.0.

VSH Accelerates Capacity ExpansionCEO Smejkal said proceeds from the equity offering allow Vishay to invest in semiconductor and passive-component capacity in parallel. The company expects 2026 capital expenditures of $400 million to $440 million.

Equipment for the new 12-inch wafer fab in Germany has been assembled, with installation planned for the third quarter. Engineering wafers are expected near year-end, followed by nonautomotive production in mid-2027.

A BofA Securities analyst requested detailed wafer-capacity targets. CEO Smejkal declined to provide them but said Korean and Chinese foundries should add AI-related capacity in the third quarter, while automotive approvals should lift utilization at the Newport fab.

Vishay Defends the Quality of OrdersA Needham analyst asked whether longer lead times and rising prices were producing double ordering. CEO Smejkal characterized ordering as rational and said Vishay remains early in the upcycle.

Point-of-sale activity through distribution increased 4.7% sequentially and 20.5% year over year. Distributor inventory fell to 18 weeks from 20 weeks, as consumption continued to outpace replenishment.

A Raymond James analyst asked about orders being pulled forward before price increases. CEO Smejkal said Vishay quickly updates backlog pricing, limiting access to old prices, while crowded production lines also constrain inventory building.

VSH Prioritizes Growth InvestmentCFO McConnell said Vishay raised $830 million net through its stock offering and ended the quarter with $1.3 billion in cash and short-term investments. The company repaid its revolver balance in July.

Management plans to use the liquidity for capacity, research and development, and a renewed value-accretive acquisition process. Vishay also continues to expand polymer capacitor output and reduce reliance on outside semiconductor assembly providers.

A BofA Securities analyst asked about 2027 spending and buybacks. CFO McConnell gave no 2027 capital-expenditure target but said capital intensity should decline from recent 10% to 11% levels. Vishay still expects negative free cash flow in 2026 because of expansion spending.

Vishay Keeps Execution at the CenterManagement’s tone remained confident on demand while focused on execution. Vishay 3.0 centers on serving more customers, directing capacity toward higher-margin business and expanding the portfolio available through distributors.

Near-term priorities are converting backlog into shipments, adding capacity without sacrificing lead times and sustaining margin improvement as pricing and cost pressures move through results.

VSH’s Zacks Rank and Style ScoresVSH carries a Zacks Rank #3 (Hold). Its Growth Score is A, VGM Score is B, Value Score is C and Momentum Score is D, creating a favorable growth profile but a weaker momentum signal. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Style Scores complement the Zacks Rank, with A and B grades carrying the greatest weight alongside Zacks Rank #1 or #2 stocks. The current Zacks Rank #3 supports a neutral near-term view, and the Rank can change as earnings estimates are revised after the reported results.

Vishay Intertechnology, Inc. (VSH) Q2 2026 Earnings Call August 5, 2026 9:00 AM EDT

Company Participants

Peter Henrici - Executive VP of Corporate Development & Corporate Secretary
Joel Smejkal - President, CEO & Director
David McConnell - Executive VP & CFO

Conference Call Participants

Ruplu Bhattacharya - BofA Securities, Research Division
David Williams - Needham & Company, LLC, Research Division
Melissa Dailey Fairbanks - Raymond James & Associates, Inc., Research Division

Presentation

Peter Henrici
Executive VP of Corporate Development & Corporate Secretary

Good morning, and welcome to Vishay Intertechnology's Second Quarter 2026 Earnings Conference Call. I am joined today by Joel Smejkal, our President and Chief Executive Officer, and by Dave McConnell, our Chief Financial Officer.

This morning, we reported results for our second quarter 2026. A copy of our earnings release is available in the Investor Relations section of our website at ir.vishay.com. This call is being broadcast live over the web and can be accessed through our website. In addition, today's call is being recorded and will be available via replay on our website.

During the call, we will refer to a slide presentation, which we also posted on ir.vishay.com. You should be aware that during today's conference call, we will be making certain forward-looking statements that discuss future events and performance.

These statements are subject to risks and uncertainties that could cause actual results to differ from the forward-looking statements. For a discussion of factors that could cause results to differ, please see today's press release and Vishay's Form 10-K and Form 10-Q filings with the Securities and Exchange Commission. We are including information in our press release and on this conference call on various GAAP and non-GAAP measures.

We have included a full GAAP to non-GAAP reconciliation in our press release and in the presentation posted on ir.vishay.com, which we

MALVERN, Pa., Aug. 05, 2026 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc., (NYSE: VSH), one of the world's largest manufacturers of discrete semiconductors and passive electronic components, today announced results for the fiscal second quarter ended July 4, 2026.

Highlights

2Q 2026 GAAP revenues of $888.6 million; adjusted revenues of $918.6 millionGAAP revenues reduced by $30.0 million of tariff refunds passed through to customers, with no impact on gross profitGross margin was 23.3%; adjusted gross margin was 22.6%Operating margin was 6.0%; adjusted operating margin was 5.8%2Q 2026 diluted EPS of $0.192Q 2026 book-to-bill of 1.32 with book-to-bill of 1.23 for semiconductors and 1.40 for passive componentsBacklog at quarter end was 6.1 months
“For the second quarter, Vishay delivered 9.5% sequential growth to adjusted revenue of $919 million, exceeding the top end of our revenue guidance and representing continued strengthening demand across all end markets, channels and regions,” said Joel Smejkel, president and CEO. “Executing as a new company, Vishay 3.0 is focused on supplying our increasing customer count and taking full advantage of the upcycle, outpacing industry growth, while laying the foundation to leverage multi-year demand across all end markets for sustained growth, expanded margins and enhanced stockholder returns.”

3Q 2026 Outlook
For the third quarter of 2026, management expects revenues in the range of $945 million and $975 million and a gross profit margin in the range of 24.0% +/- 50 basis points.

Conference Call
A conference call to discuss Vishay’s second quarter financial results is scheduled for Wednesday, August 5, 2026, at 9:00 a.m. ET. To participate in the live conference call, please pre-register here. Upon registering, you will be emailed a dial-in number, and unique PIN.  

A live audio webcast of the conference call and a PDF copy of the press release and the quarterly presentation will be accessible directly from the Investor Relations section of the Vishay website at http://ir.vishay.com. 

There will be a replay of the conference call available on the Investor Relations website approximately one hour following the call and will remain available for 30 days.  

About Vishay
Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and healthcare markets. Serving customers worldwide, Vishay is The DNA of tech®. Vishay Intertechnology, Inc. is a Fortune 1,000 Company listed on the NYSE (VSH). More on Vishay at www.Vishay.com.

This press release includes certain financial measures which are not recognized in accordance with U.S. generally accepted accounting principles ("GAAP"), including adjusted net earnings; adjusted earnings per share; adjusted net revenues; adjusted gross margin; adjusted operating margin; free cash; earnings before interest, taxes, depreciation and amortization ("EBITDA"); adjusted EBITDA; and adjusted EBITDA margin; which are considered "non-GAAP financial measures" under the U.S. Securities and Exchange Commission rules. These non-GAAP measures supplement our GAAP measures of performance or liquidity and should not be viewed as an alternative to GAAP measures of performance or liquidity. Non-GAAP measures such as adjusted net earnings, adjusted earnings per share, adjusted net revenues, adjusted gross margin, adjusted operating margin, free cash, EBITDA, adjusted EBITDA, and adjusted EBITDA margin do not have uniform definitions. These measures, as calculated by Vishay, may not be comparable to similarly titled measures used by other companies. Management believes that such measures are meaningful to investors because they provide insight with respect to intrinsic operating results and financial trends of the Company. Although the terms "free cash" and "EBITDA" are not defined in GAAP, the measures are derived using various line items measured in accordance with GAAP.  Reconciling items to arrive at adjusted net earnings represent significant charges or credits that are important to understanding the Company's intrinsic operations.  Reconciling items to calculate adjusted net revenues, adjusted gross margin, adjusted operating margin, and adjusted EBITDA represent those same items used in computing adjusted net earnings, as relevant.  Furthermore, the presented calculation of adjusted EBITDA is substantially similar to, but not identical to, a measure used in the calculation of financial ratios required for covenant compliance under Vishay's revolving credit facility.  These reconciling items are indicated on the accompanying reconciliation schedules and are more fully described in the Company’s financial statements presented in its annual report on Form 10-K and its quarterly reports presented on Forms 10-Q.

Statements contained herein that relate to the Company's future performance, including forecasted revenues and margins, capacity expansion, multi-year customer demand, stockholder returns, and the performance of the economy in general, are forward-looking statements within the safe harbor provisions of Private Securities Litigation Reform Act of 1995. Words and expressions such as “will,” “expect,” “going forward” or other similar words or expressions often identify forward-looking statements. Such statements are based on current expectations only, and are subject to certain risks, uncertainties and assumptions, many of which are beyond our control. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results, performance, or achievements may vary materially from those anticipated, estimated or projected. Among the factors that could cause actual results to materially differ include: general business and economic conditions; manufacturing or supply chain interruptions or changes in customer demand; delays or difficulties in implementing our cost reduction strategies; delays or difficulties in expanding our manufacturing capacities; an inability to attract and retain highly qualified personnel; changes in foreign currency exchange rates; uncertainty related to the effects of changes in foreign currency exchange rates; competition and technological changes in our industries; difficulties in new product development; difficulties in identifying suitable acquisition candidates, consummating a transaction on terms which we consider acceptable, and integration and performance of acquired businesses; changes in U.S. and foreign trade regulations and tariffs, and uncertainty regarding the same; volatility in prices for metals and materials; changes in applicable domestic and foreign tax regulations, and uncertainty regarding the same; changes in applicable accounting standards and other factors affecting our operations that are set forth in our filings with the Securities and Exchange Commission, including our annual reports on Form 10-K and our quarterly reports on Form 10-Q. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

The DNA of tech® is a trademark of Vishay Intertechnology.

Contact:
Vishay Intertechnology, Inc.
Peter Henrici
Executive Vice President, Corporate Development
+1-610-644-1300

VISHAY INTERTECHNOLOGY, INC.              Summary of Operations              (Unaudited - In thousands, except per share amounts)                              Fiscal quarters ended   July 4, 2026    April 4, 2026    June 28, 2025                Net revenues(a) $888,575   $839,242   $762,250 Costs of products sold(b)  681,193    662,630    613,567 Gross profit  207,382    176,612    148,683 Gross margin  23.3%   21.0%   19.5%               Selling, general, and administrative expenses(c)  153,856    154,488    126,565 Operating income  53,526    22,124    22,118 Operating margin  6.0%   2.6%   2.9%               Other income (expense):              Interest expense  (10,333)    (9,973)    (10,588) Other  (794)    701    747 Total other income (expense) - net  (11,127)    (9,272)    (9,841)                Income before taxes  42,399    12,852    12,277                Income tax expense  14,275    5,688    10,273                Net earnings $28,124   $7,164   $2,004                Basic earnings per share $0.21   $0.05   $0.01                Diluted earnings per share $0.19   $0.05   $0.01                Weighted average shares outstanding - basic  136,824    136,045    135,702                Weighted average shares outstanding - diluted  147,901    137,471    136,167                Cash dividends per share $0.10   $0.10   $0.10                (a) Net revenues for the fiscal quarter ended July 4, 2026 are reduced by ($30,008) for tariff refunds passed through to customers, with no impact on gross profit.(b) Costs of product sold for the fiscal quarter ended July 4, 2026 are reduced by ($30,008) for tariff refunds received from the U.S. government, with no impact on gross profit.(c) Selling, general, and administrative expenses for the fiscal quarter ended June 28, 2025 include a ($11,293) benefit recognized upon the favorable resolution of a contingency. VISHAY INTERTECHNOLOGY, INC.         Summary of Operations         (Unaudited - In thousands, except per share amounts)                    Six fiscal months ended   July 4, 2026    June 28, 2025                     Net revenues(d) $1,727,817   $1,477,486 Costs of products sold(e)  1,343,823    1,193,249 Gross profit  383,994    284,237 Gross margin  22.2%   19.2%          Selling, general, and administrative expenses(f)  308,344    261,304 Operating income  75,650    22,933 Operating margin  4.4%   1.6%          Other income (expense):         Interest expense  (20,306)   (19,378)Other  (93)   4,494 Total other income (expense) - net  (20,399)   (14,884)          Income before taxes  55,251    8,049           Income tax expense  19,963    10,137           Net earnings (loss) $35,288   $(2,088)          Basic earnings (loss) per share attributable to Vishay stockholders $0.26   $(0.02)          Diluted earnings (loss) per share attributable to Vishay stockholders $0.25   $(0.02)          Weighted average shares outstanding - basic  136,428    135,750           Weighted average shares outstanding - diluted  142,680    135,750           Cash dividends per share $0.20   $0.20           (d) Net revenues for the six fiscal months ended July 4, 2026 are reduced by ($30,008) for tariff refunds passed through to customers, with no impact on gross profit.(e) Costs of product sold for the six fiscal months ended July 4, 2026 are reduced by ($30,008) for tariff refunds received from the U.S. government, with no impact on gross profit.(f) Selling, general, and administrative expenses for the six fiscal months ended June 28, 2025 include a ($11,293) benefit recognized upon the favorable resolution of a contingency. VISHAY INTERTECHNOLOGY, INC.         Consolidated Condensed Balance Sheets         (Unaudited - In thousands)                      July 4, 2026    December
31, 2025           Assets         Current assets:         Cash and cash equivalents $1,297,309   $514,966 Short-term investments  5,263    265 Accounts receivable, net  393,373    381,802 Inventories:         Finished goods  184,960    182,444 Work in process  360,965    331,347 Raw materials  261,186    245,412 Total inventories  807,111    759,203           Prepaid expenses and other current assets  221,811    231,004 Total current assets  2,724,867    1,887,240           Property and equipment, at cost:         Land  85,711    86,399 Buildings and improvements  841,294    839,856 Machinery and equipment  3,505,644    3,477,884 Construction in progress  558,131    464,475 Allowance for depreciation  (3,241,135)   (3,195,455)   1,749,645    1,673,159           Right of use assets  122,630    119,746 Deferred income taxes  190,381    183,016 Goodwill  180,027    180,390 Other intangible assets, net  71,266    78,487 Other assets  117,550    112,122 Total assets $5,156,366   $4,234,160  VISHAY INTERTECHNOLOGY, INC.         Consolidated Condensed Balance Sheets (continued)         (Unaudited - In thousands)                      July 4, 2026    December
31, 2025                     Liabilities and equity         Current liabilities:         Trade accounts payable $237,482   $214,984 Payroll and related expenses  179,479    164,114 Lease liabilities  28,241    26,546 Other accrued expenses  310,238    300,031 Income taxes  18,757    14,751 Current portion of long-term debt  737,744    - Total current liabilities  1,511,941    720,426           Long-term debt less current portion  234,543    950,893 Deferred income taxes  97,488    96,818 Long-term lease liabilities  96,583    95,799 Other liabilities  136,668    109,228 Accrued pension and other postretirement costs  166,246    172,723 Total liabilities  2,243,469    2,145,887           Equity:         Vishay stockholders' equity         Common stock  14,129    12,351 Class B convertible common stock  1,210    1,210 Capital in excess of par value  1,945,629    1,101,086 Retained earnings  900,268    892,232 Accumulated other comprehensive income  51,661    81,394 Total equity  2,912,897    2,088,273 Total liabilities and equity $5,156,366   $4,234,160  VISHAY INTERTECHNOLOGY, INC.         Consolidated Condensed Statements of Cash Flows         (Unaudited - In thousands)  Six fiscal months ended   July 4, 2026    June 28,
2025           Operating activities         Net earnings (loss) $35,288   $(2,088)Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:         Depreciation and amortization  114,328    109,743 Loss on disposal of property and equipment  24    73 Inventory write-offs for obsolescence  21,883    17,456 Deferred income taxes  (6,069)   (6,034)Stock compensation expense  20,056    11,736 Other  79    (3,606)Change in U.S. transition tax liability  -    (47,027)Change in repatriation tax liability  (2,000)   (9,375)Changes in operating assets and liabilities  (14,561)   (63,571)Net cash provided by operating activities  169,028    7,307           Investing activities         Capital expenditures  (205,862)   (126,167)Proceeds from sale of property and equipment  221    494 Purchase of short-term investments  (5,260)   (28,481)Maturity of short-term investments  262    39,400 Other investing activities  (381)   (661)Net cash used in investing activities  (211,020)   (115,415)          Financing activities         Proceeds from follow-on public offering, net of underwriting discounts and issuance costs  830,250    - Principal payments on long-term debt  -    (41,911)Net proceeds on revolving credit facility  19,000    49,000 Dividends paid to common stockholders  (24,805)   (24,700)Dividends paid to Class B common stockholders  (2,419)   (2,419)Repurchase of common stock  -    (12,538)Cash withholding taxes paid when shares withheld for vested equity awards  (4,013)   (3,957)Other financing activities  10,000    10,078 Net cash provided by (used in) financing activities  828,013    (26,447)Effect of exchange rate changes on cash and cash equivalents  (3,678)   18,129           Net increase (decrease) in cash and cash equivalents  782,343    (116,426)          Cash and cash equivalents at beginning of period  514,966    590,286 Cash and cash equivalents at end of period $1,297,309   $473,860  VISHAY INTERTECHNOLOGY, INC.                   Schedule of Adjusted Revenue, Gross Profit, and Gross Margin                   (Unaudited - In thousands)                    Fiscal quarter ended Six fiscal months ended July 4, 2026 July 4, 2026   GAAP    Adjusted(g)    GAAP    Adjusted(g)                     Net revenues $888,575   $918,583   $1,727,817   $1,757,825 Gross profit  207,382    207,382    383,994    383,994 Gross margin  23.3%   22.6%   22.2%   21.8%                    (g) Adjusted net revenues for the fiscal quarter and six fiscal months ended July 4, 2026 exclude $30,008 for tariff refunds passed through to customers, with no impact on gross profit. The tariff refunds are recognized as a reduction of Net revenues and Costs of products sold in the GAAP results. Adjusted gross margin is calculated using adjusted net revenues. VISHAY INTERTECHNOLOGY, INC.                        Reconciliation of Adjusted Earnings Per Share                        (Unaudited - In thousands, except per share amounts)                         Fiscal quarters ended Six fiscal months ended   July 4, 2026    April 4,
2026    June 28,
2025    July 4, 2026    June 28,
2025                          Net earnings (loss) $28,124   $7,164   $2,004   $35,288   $(2,088)                         Reconciling items affecting net revenues:                        Tariff refunds passed through to customers  30,008    -    -    30,008    -                          Other reconciling items affecting gross profit:                        Tariff refunds received from U.S. government  (30,008)   -    -    (30,008)   -                          Other reconciling items affecting operating income:                        Favorable resolution of contingency  -    -    (11,293)   -    (11,293)                         Adjusted net earnings (loss) $28,124   $7,164   $(9,289)  $35,288   $(13,381)                         Adjusted weighted average diluted shares outstanding  147,901    137,471    135,702    142,680    135,750                          Adjusted earnings (loss) per diluted share $0.19   $0.05   $(0.07)  $0.25   $(0.10) VISHAY INTERTECHNOLOGY, INC.                        Reconciliation of Free Cash                        (Unaudited - In thousands)                         Fiscal quarters ended Six fiscal months ended   July 4, 2026    April 4,
2026    June 28,
2025    July 4, 2026    June 28,
2025 Net cash provided by (used in) operating activities $105,359   $63,669   $(8,791)  $169,028   $7,307 Proceeds from sale of property and equipment  155    66    215    221    494 Less: Capital expenditures  (95,201)   (110,661)   (64,598)   (205,862)   (126,167)Free cash $10,313   $(46,926)  $(73,174)  $(36,613)  $(118,366) VISHAY INTERTECHNOLOGY, INC.                        Reconciliation of EBITDA and Adjusted EBITDA                        (Unaudited - In thousands)                         Fiscal quarters ended Six fiscal months ended   July 4, 2026    April 4,
2026    June 28,
2025    July 4, 2026    June 28,
2025                          Net earnings (loss) $28,124   $7,164   $2,004   $35,288   $(2,088)                         Interest expense  10,333    9,973    10,588    20,306    19,378 Interest income  (4,088)   (3,038)   (4,023)   (7,126)   (7,900)Income taxes  14,275    5,688    10,273    19,963    10,137 Depreciation and amortization  56,117    58,211    55,970    114,328    109,743 EBITDA $104,761   $77,998   $74,812   $182,759   $129,270                          Reconciling items                        Tariff refunds passed through to customers  30,008    -    -    30,008    - Tariff refunds received from U.S. government  (30,008)   -    -    (30,008)   - Favorable resolution of contingency  -    -    (11,293)   -    (11,293)                         Adjusted EBITDA $104,761   $77,998   $63,519   $182,759   $117,977                          Adjusted EBITDA margin(h)  11.4%   9.3%   8.3%   10.4%   8.0%                         (h) Adjusted EBITDA as a percentage of adjusted net revenues

VSH heads into Q2 earnings with stronger demand, pricing support and AI growth, but rising costs, heavy spending and a rich valuation favor a hold.

On July 21, 2026, Vishay Intertechnology Inc (VSH) shares rose 6.5% to a current price of $39.78. This increase comes after a challenging month, where the stock

MALVERN, Pa., July 15, 2026 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today announced that the company has successfully achieved Level 2 Cybersecurity Maturity Model Certification (CMMC), confirming that its cybersecurity practices, processes, and governance meet the requirements for handling Federal Contract Information (FCI) and Controlled Unclassified Information (CUI) within Department of Defense (DoD) programs.

The CMMC program was established by the DoD to verify that contractors and suppliers adequately protect sensitive defense information. As CMMC requirements are phased into defense contracts and supply chains, Level 2 certification enables participation in programs requiring secure processing, storage, and transmission of CUI while supporting compliance with evolving Defense Federal Acquisition Regulation Supplement (DFARS) and DoD cybersecurity standards.

Vishay is a critical supplier of electronic components for defense, aerospace, and national security applications, making CMMC compliance increasingly essential to continued participation in U.S. defense programs and supply chains. The certification enables the company to support programs requiring CUI exchange, participate in solicitations and contracts with CMMC requirements, and maintain compliant information workflows.

CMMC Level 2 certification validates Vishay’s implementation of cybersecurity controls and documented processes for safeguarding sensitive information throughout the product lifecycle. These measures include controlled access environments, encrypted communications, secure file transfer processes, ongoing monitoring, employee training, and continuous improvement initiatives.

“Achieving CMMC Level 2 certification reflects Vishay’s long standing commitment to protecting sensitive customer and program information,” said Michael O’Sullivan, executive vice president, chief administrative and legal officer, legal services, at Vishay. “Having achieved CMMC Level 2 certification, well ahead of full enforcement requirements, we’re well positioned to support defense and aerospace customers, help ensure continuity of supply for critical applications, and reduce program risk.”

Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.® Vishay Intertechnology, Inc. is a Fortune 1000 Company listed on the NYSE (VSH). More on Vishay at www.Vishay.com.

The DNA of tech® is a registered trademark of Vishay Intertechnology, Inc.

Vishay on Facebook: http://www.facebook.com/VishayIntertechnology
Vishay Twitter feed: http://twitter.com/vishayindust

Link to DNA of Tech image:
https://www.flickr.com/photos/vishay/50342588442/sizes/l/

For more information please contact:
Vishay Intertechnology
Peter Henrici, +1 408 567-8400
[email protected]
 or
Redpines
Bob Decker, +1 415 409-0233
[email protected]

AEC-Q102 Qualified Device Offers Industry-Best Minimum CMTI of 40 kV/µS and Maximum Repetitive Peak Isolation Voltage of 707 Vpeak

MALVERN, Pa., July 09, 2026 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced an automotive 1 MBd high speed optocoupler in a new SOP-5 package with a narrow width of 3.6 mm. Combining a comparative tracking index (CTI) of 400 with industry-leading minimum guaranteed common mode transient immunity (CMTI) of 40 kV/µS, the Vishay Semiconductors VOMHA43A is designed to deliver improved signal transmission quality and save space in applications requiring isolation voltages (VIORM) up to 707 Vpeak.

The AEC-Q102 qualified device released today is optimized for isolated data communication, fast signal switching, ground signal isolation, and logic voltage level shifting in automotive, industrial, home and building control, and telecom applications. In electric (EV), hybrid electric (HEV), and low speed electric (LSEV) vehicles, the optocoupler provides communication bus isolation for CAN, LIN, I²C, and SPI interfaces, as well as isolated drive circuit applications such as intelligent power module (IPM) drivers.

While previous SOP-5 packages offered a width of 4.4 mm, the narrower SOP-5 of the VOMHA43A requires less PCB space, while supporting stackable designs. The device’s minimum CMTI — which is more than double that of the closest competing device — provides enhanced robustness against electrical spikes and RF and EMI issues. And while competing devices offer maximum repetitive peak isolation voltages of 567 Vpeak, the optocoupler’s isolation voltage performance of 707 Vpeak meets the requirements of 400 V battery systems.

The VOMHA43A consists of a GaAlAs infrared emitting diode, optically coupled with an integrated photodetector and a high speed transistor. The photodetector is junction-isolated from the transistor to reduce miller capacitance effects. The optocoupler features an open collector output function that allows designers to adjust load conditions when interfacing with different logic systems, while a Faraday shield on the detector chip allows the device to reject and minimize high input to output common mode transient voltages.

The RoHS-compliant and halogen-free optocoupler operates over a temperature range of -40 °C to +125 °C and is pin to pin compatible with leading competing parts to provide a direct replacement and eliminate the need for electrical and mechanical redesigns.

Samples and production quantities of the VOMHA43A are available now, with lead times of six weeks.

Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.® Vishay Intertechnology, Inc. is a Fortune 1000 Company listed on the NYSE (VSH). More on Vishay at www.Vishay.com.

The DNA of tech® is a registered trademark of Vishay Intertechnology, Inc.

Vishay on Facebook: http://www.facebook.com/VishayIntertechnology
Vishay Twitter feed: http://twitter.com/vishayindust

Links to product datasheets:
http://www.vishay.com/ppg?80341 (VOMHA43A)

Link to product photo:
https://www.flickr.com/photos/vishay/albums/72177720334474258

For more information please contact:
Vishay Intertechnology
Peter Henrici, +1 408 567-8400
[email protected]
or
Redpines
Bob Decker, +1 415 409-0233
[email protected]

Key Takeaways VSH has fallen 22.8% in a month amid AI spending worries, profit-taking and dilution concerns.Vishay 3.0 is lifting results, with Q1 revenues up 17.3% and backlog rising 21% to $1.6B.VSH sees growth from AI, industrial, auto, aerospace, defense and healthcare end markets. Vishay Intertechnology, Inc. (VSH - Free Report) stock has come under intense selling pressure, declining 22.8% over the past month and significantly underperforming the broader Zacks Computer and Technology sector, which has gained 1.5% during the same period.

The weakness has not been limited to Vishay Intertechnology. Several leading semiconductor stocks, including Qualcomm Incorporated (QCOM - Free Report) , FormFactor Inc. (FORM - Free Report) and Marvell Technology, Inc. (MRVL - Free Report) , have also lost ground. Over the past month, shares of Qualcomm, FormFactor and Marvell Technology have fallen 3%, 3.6% and 8.4%, respectively.

Vishay Intertechnology One-Month Price Return Performance
Image Source: Zacks Investment Research

VSH stock’s recent sell-off has been driven by three major reasons.

Firstly, investors have turned cautious on semiconductor stocks amid concerns that the massive artificial intelligence (AI) spending by hyperscalers may not generate returns quickly enough to justify current investment levels.

Secondly, many chip stocks surged sharply during early 2026, pushing valuations to elevated levels and encouraging institutional investors to lock in profits. Despite the recent sell-off, Vishay Intertechnology currently trades at a forward 12-month price-to-earnings (P/E) multiple of 36.35, a significant premium to the sector’s average of 24.56.

Vishay Intertechnology Forward 12-Month Price-To-Earnings Ratio
Image Source: Zacks Investment Research

Compared with other semiconductor peers, Vishay Intertechnology trades at a premium to QUALCOMM, while at a lower multiple than FormFactor and Marvell Technology. At present, Qualcomm, FormFactor and Marvell Technology trade at P/E multiples of 16.77, 42.23 and 46.42, respectively.

Thirdly, Vishay Intertechnology faced company-specific pressure after announcing on July 7, 2026 that its 2.25% convertible senior notes due 2030 had become convertible, raising concerns about potential future share dilution. Following the news, shares of the company fell 9.4% in a single day.

While these issues have weighed heavily on sentiment, they appear to overshadow a business that is showing improving fundamentals. With demand strengthening across several end markets and management executing its long-term strategy successfully, the recent decline could offer investors an attractive buying opportunity.

Vishay Intertechnology 3.0 Strategy Is Delivering ResultsThe company's multi-year Vishay 3.0 transformation is now translating into stronger operating performance. The strategy focuses on expanding manufacturing capacity, broadening the product portfolio, improving customer engagement and increasing technical support, enabling Vishay Intertechnology to capture more business across growing markets.

The benefits became visible in the first quarter of 2026. Revenues increased 17.3% year over year to $839.2 million, exceeding management's guidance. Growth was broad-based across every end market, every sales channel and all three major geographic regions. Volume increased 5.8%, supported by stronger customer demand, inventory replenishment and continued market-share gains.

Vishay Intertechnology also reported a healthy book-to-bill ratio of 1.34, including 1.47 for semiconductors, while the backlog expanded 21% to $1.6 billion, representing 5.7 months of sales visibility. These numbers indicate that demand continues to outpace shipments, providing a favorable setup for future revenue growth.

VSH’s Multiple Market Exposure Offers Several Growth DriversUnlike many semiconductor companies that rely heavily on a single end market, Vishay Intertechnology benefits from exposure to several fast-growing industries.

AI-related demand remains one of the strongest growth engines. The company continues receiving orders for high-voltage MOSFETs, polymer capacitors, current-sense resistors and magnetics used in AI servers, networking equipment and power management systems. Management expects AI-related revenues in 2026 to be well above last year's level, helped by expanding customer relationships and additional design wins.

Industrial demand is also improving rapidly. Customers are increasing spending on renewable energy, smart grids, factory automation, power transmission and AI infrastructure. Industrial revenues have now posted five consecutive quarters of sequential growth, supported by improving customer inventories and stronger capital spending. In the first quarter of 2026, revenues from the industrial segment increased 7% sequentially and 22% year over year.

Automotive remains another attractive opportunity. Rising electronic content in hybrid and electric vehicles continues to increase semiconductor demand. Vishay has become the leading resistor supplier for several next-generation EV platforms while also expanding design wins in battery management, ADAS, electronic power steering and powertrain systems. First-quarter revenues from the automotive segment increased 3% sequentially and 11% year over year.

The aerospace and defense segment is emerging as another meaningful growth driver as higher government defense spending supports increasing orders for resistors, capacitors and custom magnetics. In the first quarter, revenues from the aerospace and defense segment increased 14% sequentially and 17% year over year. Healthcare demand also remains healthy, supported by wearable devices, patient monitoring and implantable medical technologies. First-quarter revenues from the healthcare segment increased 5% sequentially and 11% year over year.

Capacity Investments Position VSH for the Next UpcycleVishay Intertechnology has spent heavily over the past several years to prepare for stronger industry demand. Capacity expansion projects include its new 12-inch semiconductor fabrication facility in Germany, additional production at Newport, RI, silicon carbide investments and expanded subcontractor partnerships.

Although these investments have temporarily pressured free cash flow, they position Vishay Intertechnology to respond faster than competitors as industry demand strengthens. Management expects the German fab to begin non-automotive production during mid-2027, while new silicon carbide products continue entering production to address fast-growing power semiconductor markets.

Importantly, management believes the current industry recovery is arriving just as these investments become operational, creating an opportunity for both higher revenues and expanding margins over the coming years.

Vishay Intertechnology’s Profitability to Continue ImprovingWhile VSH continues investing aggressively in capacity expansion, profitability is already improving. First-quarter 2026 gross margin expanded to 21% from 19% a year ago as higher shipment volumes offset ongoing material cost inflation. EBITDA margin improved to 9.3% from 7.6% in the year-ago quarter, while GAAP earnings returned to profitability at 5 cents per share from the year-ago quarter’s loss of 3 cents.

Management expects further improvement during the second quarter, guiding for revenues between $875 million and $905 million and gross margin around 22%. Pricing actions implemented earlier this year should gradually offset higher metal costs, while increasing factory utilization is expected to provide additional operating leverage.

The Zacks Consensus Estimate for 2026 and 2027 revenues indicates year-over-year growth of 16.7% and 10.4%, respectively. The consensus mark for 2026 earnings per share is currently pegged at 75 cents, calling for a robust improvement from a loss of 5 cents in 2025. Earnings estimates of $1.54 per share for 2027 indicate a 104.9% year-over-year increase.

Buy-the-Dip Strategy Looks Good for VSH StockThe recent sell-off appears to reflect short-term market fears rather than weakening business fundamentals. Concerns surrounding AI spending, profit-taking across semiconductor stocks and temporary dilution worries have overshadowed a business that is showing stronger demand, rising backlog, expanding margins and improving market share.

While near-term volatility may continue, Vishay Intertechnology appears well-positioned to benefit from the next semiconductor upcycle due to its expanded manufacturing capacity, diversified end-market exposure and improving execution under the Vishay 3.0 strategy.

Although the stock still trades at a premium valuation, that premium appears justified, given its consistent earnings growth and long-term prospects. For investors willing to look beyond current market sentiment, the recent pullback appears to present an attractive opportunity to buy a fundamentally strengthening semiconductor company.

Vishay Intertechnology sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Offered in the PowerPAK® SO-8 Single Package, Devices Provide High
Vth(min) > 2.5 V and Qgd / Qgs Ratios < 1

MALVERN, Pa., July 07, 2026 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced four new 40 V TrenchFET® Gen IV standard-level n-channel power MOSFETs in the 6.15 mm by 5.15 mm PowerPAK® SO-8 single package. Optimized for the noisy environments of motor control circuits, the Vishay Siliconix SIR5402DP, SIR5404DP, SIR5406DP, and SIR5408DP combine a high minimum gate-source threshold voltage of greater than 2.5 V with Qgd / Qgs ratios of less than 1.

The high minimum gate-source threshold voltage of the devices released today prevents false MOSFET triggering induced by the gate in motor control circuits, while their optimized Qgd / Qgs ratios reduce gate-induced voltage fluctuations and the impact of gate noise. Both characteristics make the devices ideal for providing synchronous rectification and DC/DC conversion in BLDC motors, power tools, drones, and automation systems.

The meet the requirements of specific applications, the SIR5402DP, SIR5404DP, SIR5406DP, and SIR5408DP are available with a range of typical on-resistance values from 0.9 mΩ to 2.5 mΩ at 10 V, and gate charge values from 32.6 nC to 82 nC. The MOSFETs are 100 % RG- and UIS-tested, RoHS-compliant, and halogen-free.

Device Specification Table:

Part #SIR5402DPSIR5404DPSIR5406DPSIR5408DPVDS40404040VGS± 20± 20± 20± 20RDS(on)@ 10 V (Typ.)0.9 mΩ1.55 mΩ1.9 mΩ2.5 mΩ@ 10 V (Max.)1.2 mΩ1.85 mΩ2.5 mΩ3.2 mΩQg8261.54432.6Qgs26201410.5Qgd1814.510.57.5Qgd / Qgs ratio 0.690.730.750.71Vth(min) 2.52.52.52.5PackagePowerPAK® SO-8 single
Samples and production quantities of the new standard-level MOSFETs are available now, with a lead time of 13 weeks.

Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.® Vishay Intertechnology, Inc. is a Fortune 1000 Company listed on the NYSE (VSH). More on Vishay at www.Vishay.com.

The DNA of tech® is a registered trademark of Vishay Intertechnology, Inc.

Vishay on Facebook: http://www.facebook.com/VishayIntertechnology
Vishay Twitter feed: http://twitter.com/vishayindust

Links to product datasheets:
http://www.vishay.com/ppg?61684  (SIR5402DP)
http://www.vishay.com/ppg?61660  (SIR5404DP)
http://www.vishay.com/ppg?61690  (SIR5406DP)
http://www.vishay.com/ppg?61662  (SIR5408DP)

Link to product photo:
https://www.flickr.com/photos/vishay/albums/72177720334480391/

For more information please contact:
Vishay Intertechnology
Peter Henrici, +1 408 567-8400
[email protected]
 or
Redpines
Bob Decker, +1 415 409-0233
[email protected]

MALVERN, Pa., July 02, 2026 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a new ready-to-use multi-turn absolute position sensor designed for high accuracy and long term stability in demanding environments. Featuring non-contacting Hall Effect technology, the Vishay Sfernice 34 PHE delivers linearity down to ± 1 % (full stroke), resolution of 1°, and a lifespan greater than 10 million cycles — all in a 7/8 in (22.2 mm) diameter body.

Offering linear or rotary displacement tracking, with a total electrical angle of 3600° across 10 turns, the position sensor released today is available at a 40 % lower cost than previous-generation devices. Combined with its high accuracy and resolution, this makes the 34 PHE a cost-effective, high performance solution for servo loop motion control systems. The device will be used in industrial motor and actuator displacements tracking; linear actuators for solar panel tracking; flow control valve positioning; and throttle and pedal position sensors for applications such as agricultural machinery, railway equipment, and ships.

For reliable operation in these harsh environments, the 34 PHE offers an IP65-rated sealing and withstands high frequency vibrations up to 20 g and shocks up to 50 g. Integrated reverse voltage and overvoltage input protections (-14 VDC and +28 VDC, respectively) reduce costs by eliminating the need for external protection circuitry. The device is configurable with either single or dual analog ratiometric or digital (PWM) output signals. Dual outputs operate as oppositely‑tracking position sensors, providing a built‑in fault detection to enhance safety, reliability, and functional safety compliance. An integrated locating peg on the mounting face simplifies installation while preventing rotation, improving alignment accuracy and long-term stability.

As a “true power on” device, the 34 PHE reports its position immediately upon power-up without requiring recalibration, re-homing, or initialization routines — even after a power loss. This further reduces costs by eliminating the need for a battery back-up. Customizable to meet the most demanding needs, the RoHS-compliant device operates with a supply voltage of 5 VDC ± 10 % and a supply current of < 8.5 mA typical (single output). The recommended load resistance is 1 kΩ for both analog and PWM output.

Samples and production quantities of the 34 PHE are available now, with lead times of 14 weeks.

Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.® Vishay Intertechnology, Inc. is a Fortune 1000 Company listed on the NYSE (VSH). More on Vishay at www.Vishay.com.

The DNA of tech® is a registered trademark of Vishay Intertechnology, Inc.

Vishay on Facebook: http://www.facebook.com/VishayIntertechnology
Vishay Twitter feed: http://twitter.com/vishayindust

Links to product datasheets:
http://www.vishay.com/ppg?57127 (34 PHE)

Link to product photo:
https://www.flickr.com/photos/vishay/albums/72177720334361797

For more information please contact:
Vishay Intertechnology
Peter Henrici, +1 408 567-8400
[email protected]
or
Redpines
Bob Decker, +1 415 409-0233
[email protected]

Key Takeaways Vishay posted Q1 2026 revenues of $839M, up 17.3%, supported by broad demand recovery.VSH said Newport reached gross-profit neutrality as Germany fab received major CapEx funding.Vishay's 1.34 book-to-bill ratio and 21% gross margin signal improving factory utilization. Vishay Intertechnology Inc. (VSH - Free Report) is entering a critical phase in which years of aggressive capacity investments could begin to translate into meaningful profit expansion. During the first quarter of 2026, management emphasized that its Vishay 3.0 transformation strategy is gaining traction, as revenues rose 17.3% year over year to $839 million, supported by a broad-based demand recovery across industrial, automotive, aerospace, and AI-related applications. A major pillar of this strategy has been heavy capital investment to expand manufacturing capacity across high-growth product categories.

The company’s two largest investment projects — the Newport semiconductor facility and the new 12-inch fab in Germany — represent the backbone of Vishay’s long-term growth plan. Management disclosed that Newport attained gross-profit neutrality during the first quarter, an important milestone after several quarters of margin drag. Vishay spent $87 million during the quarter alone toward the Germany fab, with nearly half of its full-year $400-$440 million CapEx plan allocated to this facility.

The profitability now depends on efficient utilization. Management expects stronger order momentum to steadily absorb this new capacity. The company ended the first quarter with a 1.34 company-wide book-to-bill ratio and a 21% increase in backlog to $1.6 billion. Higher factory loading, combined with improving pricing actions and volume growth, already improved first-quarter gross margin to 21%, while guidance implies further expansion toward 22% during the second quarter.

Vishay reaffirmed its long-term gross margin target of roughly 31%, but management acknowledged that if demand recovery slows before these large fabs are fully utilized, under-absorption costs and elevated CapEx could pressure profitability longer than expected. The margin expansion story now hinges on demand keeping pace with the company's increasing capacity.

Peer UpdatesDiodes Incorporated (DIOD - Free Report) delivered notable margin expansion in the first quarter of 2026. The company’s gross margin improved 70 basis points sequentially to 31.8%, driven primarily by a stronger revenue mix from higher-margin automotive and industrial businesses. Together, the two categories accounted for 44% of product revenues, up from 42% in the prior quarter.

Improving factory utilization amid stronger demand recovery also supported profitability, while operating leverage became increasingly visible as EBITDA margin expanded to 12.2% from 10.7% in the fourth quarter of 2025. Management expects further margin improvement, guiding gross margin to be 32.8% in the second quarter.

The improvement is likely to be supported by continued demand strength in AI infrastructure, industrial automation and automotive electrification. Given improving utilization, supply discipline and manufacturing efficiency initiatives, DIOD’s margin expansion trend appears sustainable through the remainder of 2026.

Lattice Semiconductor Corporation (LSCC - Free Report) continues to demonstrate strong margin expansion, with adjusted gross margin improving 60 basis points sequentially to 70% in the first quarter of 2026. The operating margin also expanded 370 basis points to 34.4%.

Profitability is being driven by accelerating demand from high-value AI data center and compute applications, which accounted for 62% of revenues, alongside a favorable product mix reflecting the premium value of Lattice Semiconductor’s low-power FPGA portfolio. Rapid year-over-year revenue growth of 42% enabled significant operating leverage, with earnings per share rising more than 80%.

Management expects margins to remain near 70% going forward, although supply-chain cost pressures may rise in the second half of 2026. The pending AMI acquisition, which carries an even higher gross margin profile, should support long-term margin expansion.

VSH’s Price Performance, Valuation and EstimatesShares of VSH have skyrocketed 288.4% so far this year compared with the sector’s 12.8% growth.

Image Source: Zacks Investment Research

From a valuation standpoint, VSH trades at a forward price-to-sales ratio of 6.35X, below the sector average. It is higher than its five-year median of 0.87X. Vishay carries a Value Score of D.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for VSH’s fiscal 2026 earnings implies a 1600% improvement from the year-ago period’s level.

Image Source: Zacks Investment Research

The stock currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

June 29, 2026 16:20 ET  | Source: Vishay Intertechnology, Inc.

MALVERN, Pa., June 29, 2026 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (the “Company,” “Vishay”) (NYSE: VSH) today announced that it has commenced an underwritten public offering of $750.0 million of shares of its common stock. In connection with the proposed offering, Vishay expects to grant the underwriters a 30-day option to purchase up to an additional $112.5 million of shares of its common stock. All of the shares are being offered by Vishay. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the proposed offering may be completed, or as to the actual size or terms of the offering.

Vishay intends to use the net proceeds from the proposed offering to accelerate its growth initiatives and for general corporate purposes, including to reduce current borrowings under its senior secured credit facility. J.P. Morgan is acting as lead book-running manager for the proposed offering. Needham & Company, Oppenheimer & Co., Raymond James, TD Cowen and Truist Securities are also serving as book-running managers. Fifth Third Securities, MUFG, Santander and UniCredit are serving as co-managers.

The proposed offering is being made pursuant to a shelf registration statement on Form S-3, including a base prospectus, that was filed with the U.S. Securities and Exchange Commission (the “SEC”) on June 29, 2026 and automatically became effective upon filing. A preliminary prospectus supplement and accompanying prospectus relating to the proposed offering have been filed with the SEC and are available for free on the SEC’s website located at www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus relating to the proposed offering may be obtained, when available from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (866) 803-9204, or by email at [email protected] and [email protected].

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Vishay

Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and healthcare markets. Serving customers worldwide, Vishay is The DNA of tech.® Vishay Intertechnology, Inc. is a Fortune 1,000 Company listed on the NYSE (VSH).

Forward-Looking Statements

This press release contains certain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, whether or not Vishay will offer the common stock or consummate the offering, the anticipated terms of the offering, the anticipated use of the proceeds from the offering, and the risks set forth under the heading “Risk Factors” in Vishay’s Annual Report on Form 10-K for the year ended December 31, 2025, most recent Form 10-Q and other reports filed from time to time with the SEC. Vishay does not undertake any obligation to publicly update any forward-looking statements to reflect events or circumstances occurring after the date of this press release, except as required by law.

The DNA of tech® is a trademark of Vishay Intertechnology.

Contact:

Vishay Intertechnology, Inc.
Peter Henrici
Executive Vice President, Corporate Development
+1-610-644-1300

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at Vishay Intertechnology (VSH - Free Report) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Vishay Intertechnology currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.

You can see the current list of Zacks #1 Rank Stocks here >>>

Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for VSH that show why this chipmaker shows promise as a solid momentum pick.

Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.

For VSH, shares are up 9.3% over the past week while the Zacks Semiconductor - Discretes industry is up 9.3% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 13.68% compares favorably with the industry's 13.68% performance as well.

While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Shares of Vishay Intertechnology have increased 201.96% over the past quarter, and have gained 257.26% in the last year. On the other hand, the S&P 500 has only moved 12.56% and 22.2%, respectively.

Investors should also pay attention to VSH's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. VSH is currently averaging 8,851,985 shares for the last 20 days.

Earnings OutlookThe Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with VSH.

Over the past two months, 3 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost VSH's consensus estimate, increasing from $0.51 to $0.75 in the past 60 days. Looking at the next fiscal year, 3 estimates have moved upwards while there have been no downward revisions in the same time period.

Bottom LineGiven these factors, it shouldn't be surprising that VSH is a #1 (Strong Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Vishay Intertechnology on your short list.

Key Takeaways Vishay posted 2.7% sequential automotive revenue growth in Q1 2026, led by Americas and Europe demand.VSH is gaining share through multi-source design wins as OEMs diversify semiconductor suppliers.Vishay is expanding across EV drivetrains, ADAS, battery systems and smart cockpit technologies. Vishay Intertechnology (VSH - Free Report) appears to be steadily strengthening its competitive position in the automotive semiconductor market as accelerating electrification trends create new long-term growth opportunities.

In the first quarter of 2026, the company reported automotive sequential revenue growth of 2.7%, driven primarily by solid OEM demand in the Americas and Europe. However, softer conditions in Asia, caused by Lunar New Year disruptions and tariff-related production shifts, partially offset the growth.

Management emphasized that rising electronic content per vehicle, alongside expanding hybrid and EV production programs, is supporting consistent automotive demand. It confirmed that the company is actively benefiting from share gains through multi-source design wins, particularly as automotive OEMs seek supply diversification.

Vishay disclosed that it has become the leading resistor supplier for multiple OEMs launching new EV platforms. This positions VSH to benefit from the ramp-up in annual vehicle production volumes, with peak production expected in 2028. This significantly improves long-term revenue visibility while strengthening customer relationships.

The company is also expanding its role in high-growth automotive electronics categories. Management highlighted strong design activity across hybrid and EV drivetrains, ADAS (advanced driver-assistance systems), battery management systems, electronic power steering and smart cockpit technologies. All these categories are critical and semiconductor-intensive applications, which are expected to grow faster than overall vehicle production.

Strategically, the company’s Vishay 3.0 transformation strategy, centered on capacity expansion, customer proximity and increased engineering support, is helping it win new automotive programs.

As EV adoption accelerates globally and automakers prioritize supplier diversification, Vishay appears increasingly well positioned to capture additional automotive share. This suggests that the sector could become one of its most durable long-term growth engines over the next several years.

Peer UpdatesTDK Corporation (TTDKY - Free Report) is steadily expanding market share by positioning itself at the center of high-growth technology markets, particularly AI infrastructure, automotive electronics, and industrial equipment. In fiscal 2026, sales rose 13.6% while operating profit jumped 21.5%, both reaching record highs.

The strong growth was supported by broad-based demand growth across passive components, sensors, and magnetic application products. TDK highlighted strong share gains in AI data center infrastructure, where demand for aluminum capacitors, film capacitors, inductors, and power solutions continues to accelerate. TTDKY expects its AI ecosystem business, already over 10% of sales, to grow 25% in fiscal 2027.

The growth is likely to be aided by aggressive capacity expansion, new semiconductor bonding materials, and stronger positioning in high-value HDD heads and HAMR storage technologies. TDK’s strategy of expanding through technologically differentiated products across automotive, industrial, and AI markets is strengthening its competitive moat and supporting sustained share gains globally.

ROHM Co., Ltd. (ROHCY - Free Report) is pursuing market share gains by strengthening its position in power semiconductors, silicon carbide (SiC) devices, and AI server power management solutions, despite ongoing pricing pressure in China. The company projects revenue growth of 6% and operating profit growth of 176% for the fiscal year ending March 2027, driven by accelerating demand across the automotive, industrial and data center markets.

ROHM’s biggest long-term opportunity remains SiC power devices, where management expects over 30% sales growth in fiscal 2026. The growth should be supported by expanding automotive inverter adoption and increasing sales to European and Japanese OEMs, reducing dependence on China.

Simultaneously, the company is aggressively targeting the AI server market, forecasting server-related sales growth from YEN 17 billion to YEN 25 billion in this fiscal year.

ROHCY will leverage its partnerships with NVIDIA, Delta and differentiated technologies, such as DrMOS, GaN, analog controllers and SiC-based power systems, to drive future growth. This broad technology portfolio is helping ROHM expand its share in next-generation power semiconductor markets.

VSH’s Price Performance, Valuation and EstimatesShares of VSH have skyrocketed 283.7% so far this year compared with the sector’s 15% growth.

Image Source: Zacks Investment Research

From a valuation standpoint, VSH trades at a forward price-to-earnings ratio of 49.08, below the industry average. It is higher than its five-year median of 12.51. Vishay carries a Value Score of D.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for VSH’s fiscal 2026 earnings implies a 1600% improvement from the year-ago period’s level.

Image Source: Zacks Investment Research

The stock currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

On June 23, 2026, Vishay Intertechnology Inc VSH shares fell 8.3% to a current price of $58.96. This decline comes amid a 52-week range of $11.77 to $69.47, indicating significant volatility in the stock's performance over the past year. Despite recent fluctuations, the stock has shown a remarkable year-to-date increase of 309.9%.

GF Value™ verdict: The current price is $58.96, significantly above the GF Value™ of $20.91, indicating that the stock is 182.0% overvalued.GF Score™: VSH has a GF Score™ of 59/100, which is considered average and suggests that the stock may not outperform the market in the long term.Most notable signal: There have been no insider transactions in the last 3 months, which may indicate a lack of confidence from company insiders. Is VSH Overvalued or Undervalued? Based on the current price of $58.96 and the GF Value™ estimate of $20.91, Vishay Intertechnology Inc appears to be significantly overvalued at 182.0% above its intrinsic value. This disparity suggests that the stock may face downward pressure as the market corrects itself to align with its fundamental value. The GF Valuation label indicates that VSH is significantly overvalued, presenting a potential risk for current and prospective shareholders. A significant margin of safety is not present, which typically provides a buffer against unexpected market fluctuations or company-specific issues.

GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. Given the current overvaluation, investors need to exercise caution, as the stock's price may be unsustainable in the long term.

How Does VSH's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 5896.0x 9.7x Forward P/E 78.3x N/A The current P/E (TTM) of 5896.0x is drastically above its 5-year median P/E of 9.7x, indicating that the stock is trading at a valuation much higher than its historical norms. This analysis aligns with the GF Value™ verdict, reinforcing the notion that VSH is significantly overvalued at this time. The forward P/E of 78.3x also suggests that expectations for future earnings may be overly optimistic, further supporting the case for caution among potential investors.

What Does VSH's GF Score™ Tell Us? Metric Rating GF Score™ 59 Financial Strength 6/10 Profitability 7/10 Growth 2/10 Valuation 1/10 Momentum 6/10 The GF Score™ of 59/100 indicates an average ranking, while the financial strength score of 6/10 suggests that the company's financial position is relatively stable. The profitability rank of 7/10 is a positive signal, indicating decent profit margins. However, the growth rank of 2/10 indicates significant challenges in expanding revenue and profits, and the valuation rank of 1/10 underscores the current overvaluation concern. Overall, while VSH demonstrates some strengths in profitability and financial stability, its weak growth and valuation scores raise considerable caution for potential investors.

What Are Insiders Doing with VSH Stock? There have been no insider transactions in the last 3 months for Vishay Intertechnology Inc. This absence of activity may suggest a lack of confidence among company insiders regarding the stock’s current valuation and future prospects. Typically, insider buying can signal optimism about the company's future performance, while a lack of transactions may indicate uncertainty or caution among those closest to the business.

What This Means for Investors Based on the analysis of the current price relative to the GF Value™, Vishay Intertechnology Inc VSH is currently overvalued. Investors should carefully consider the risks associated with investing in a stock that is priced significantly above its intrinsic value.

For the complete analysis, visit the Vishay Intertechnology Inc VSH stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is VSH's GF Score™?

VSH has a GF Score™ of 59/100, indicating an average ranking in terms of potential long-term returns based on key financial metrics.

Is VSH overvalued or undervalued?

VSH is currently overvalued, with a GF Value™ of $20.91, suggesting that the stock price is significantly above its intrinsic value.

What is VSH's P/E ratio?

VSH has a P/E (TTM) ratio of 5896.0x, which is substantially higher than its 5-year median P/E of 9.7x, further indicating that the stock is trading at an extremely high valuation.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

MALVERN, Pa., June 18, 2026 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced the first four devices in its new IHDV line of high voltage power inductors for next-generation automotive, energy, and industrial systems. Engineered for designs requiring 1.5 kV isolation voltages, and available in compact 0808 (20 mm x 14 mm x 14 mm) and 1008 (25 mm x 20 mm x 23 mm) case sizes. The Automotive Grade IHDV-0808AC-3A and IHDV-1008BB-3A and commercial IHDV-0808AC-30 and IHDV-1008BB-30 combine continuous high temperature operation to 180 °C with soft saturation performance.

To extend the voltage capability beyond the 350 V typical of existing inductors, the Vishay Dale devices released today incorporate a PET plastic coilform insulator that supports 1.5 kV isolation voltage. Enabled by a powdered iron alloy core, their soft saturation behavior allows inductance to remain stable under load for effective ripple current regulation, while withstanding transient in-rush currents up to five times their heat rating current.

For high frequency filtering, the IHDV devices deliver significantly higher impedance than similarly sized iron composite inductors. The 0808 models provide impedance of 1 kΩ at a peak frequency of 80 MHz, while the 1008 models deliver 2.8 kΩ at 25 MHz — three times the impedance of similar inductors at four times the frequency. Typical applications for the devices include on-board chargers, battery-charging circuits, power factor correction (PFC), and high voltage DC battery filtering.

The IHDV-0808AC-3A and IHDV-0808AC-30 offer a compact, surface-mount footprint roughly one-third the volume of the 1008 model, while the advantage with the larger IHDV-1008BB-3A and IHDV-1008BB-30 is the through-hole terminations that deliver maximum mechanical strength in rugged environments. RoHS-compliant, halogen-free, and Vishay Green, all four devices incorporate additional support pins to increase resistance to shock and vibration. In addition, the automotive IHDV-0808AC-3A and IHDV-1008BB-3A are AEC-Q200 qualified.

Device Specification Table:

Part numberIHDV-0808AC-3AIHDV-0808AC-30IHDV-1008BB-3AIHDV-1008BB-30Dimensions (mm)20 x 14 x 1425 x 20 x 23Inductance (µH)1.910DCR typ. (mΩ)1.32.7DCR max. (mΩ)1.52.9Heat rating current typ. (A)(1)30.030.0Saturation current typ. (A)(2) 110 68SRF typ. (MHz)8322AEC-Q200YesNoYesNo (1) DC current (A) that will cause an approximate ΔT of 40 °C
(2) DC current (A) that will cause L0 to drop approximately 30 %

Samples and production quantities of the IHDV inductors are available now, with lead times of 12 weeks. 

Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.® Vishay Intertechnology, Inc. is a Fortune 1000 Company listed on the NYSE (VSH). More on Vishay at www.Vishay.com.

The DNA of tech® is a registered trademark of Vishay Intertechnology, Inc.

Vishay on Facebook: http://www.facebook.com/VishayIntertechnology
Vishay Twitter feed: http://twitter.com/vishayindust

Links to product datasheets:
http://www.vishay.com/ppg?34666  (IHDV0808AC-3A)
http://www.vishay.com/ppg?34679  (IHDV0808AC-30)
http://www.vishay.com/ppg?34680  (IHDV1008BB-3A)
http://www.vishay.com/ppg?34683  (IHDV1008BB-30)

Link to product photo:
https://www.flickr.com/photos/vishay/albums/72177720334046066

For more information please contact:
Vishay Intertechnology
Peter Henrici, +1 408 567-8400
[email protected]
or
Redpines
Bob Decker, +1 415 409-0233
[email protected]