{"id":353327,"date":"2025-08-28T08:27:58","date_gmt":"2025-08-28T08:27:58","guid":{"rendered":"https:\/\/pocketoption.com\/blog\/news-events\/data\/how-to-buy-vishay-intertechnology\/"},"modified":"2025-08-28T08:27:58","modified_gmt":"2025-08-28T08:27:58","slug":"how-to-buy-vishay-intertechnology","status":"publish","type":"post","link":"https:\/\/pocketoption.com\/blog\/en\/news-events\/signal\/how-to-buy-vishay-intertechnology\/","title":{"rendered":"How to buy Vishay Intertechnology, Inc. (VSH) shares &#8211; Investment in Vishay Intertechnology, Inc. (VSH) stock"},"content":{"rendered":"<div id=\"root\"><div id=\"wrap-img-root\">text<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>text<\/p>\n","protected":false},"author":129,"featured_media":334072,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12837],"tags":[40],"class_list":["post-353327","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-signal","tag-signal"],"acf":{"h1":"How to Buy Vishay Intertechnology, Inc. (VSH) Shares - Investment in Vishay Intertechnology, Inc. (VSH) Stock","h1_source":{"label":"H1","type":"text","formatted_value":"How to Buy Vishay Intertechnology, Inc. (VSH) Shares - Investment in Vishay Intertechnology, Inc. (VSH) Stock"},"description":"Learn how to invest in Vishay Intertechnology (VSH) stock with current price analysis, 2025-2030 forecasts, and step-by-step buying instructions for semiconductor investors.","description_source":{"label":"Description","type":"textarea","formatted_value":"Learn how to invest in Vishay Intertechnology (VSH) stock with current price analysis, 2025-2030 forecasts, and step-by-step buying instructions for semiconductor investors."},"intro":"Thinking about tapping into the semiconductor revolution? Vishay Intertechnology (VSH) offers a unique opportunity in electronic components manufacturing. This company powers everything from your smartphone to advanced automotive systems\u2014making it a fascinating play for investors seeking exposure to the tech hardware sector. Let's explore why VSH deserves your attention and how you can add it to your portfolio.","intro_source":{"label":"Intro","type":"text","formatted_value":"Thinking about tapping into the semiconductor revolution? Vishay Intertechnology (VSH) offers a unique opportunity in electronic components manufacturing. This company powers everything from your smartphone to advanced automotive systems\u2014making it a fascinating play for investors seeking exposure to the tech hardware sector. Let's explore why VSH deserves your attention and how you can add it to your portfolio."},"body_html":"<h2>\ud83d\udcc8 VSH Stock Analysis: Current Price and Market Position<\/h2> <p>As of August 28, 2025, Vishay Intertechnology (VSH) trades at <strong>$15.54<\/strong>\u2014a critical level that represents both opportunity and caution for investors. The stock has shown resilience after a turbulent period, gaining +0.71% recently but still facing headwinds from broader market pressures.<\/p> <p><strong>Mark your calendar: November 5, 2025<\/strong> is the next major catalyst. That's when Vishay releases Q3 earnings, and history shows these reports can move the needle significantly.<\/p> <h3>Earnings Impact Analysis: How VSH Reacts to News<\/h3> <p>Looking at recent earnings patterns reveals fascinating trader psychology:<\/p> <p><strong>August 6, 2025<\/strong>: Q2 earnings showed revenue growth to $762.3 million (+7% sequentially) but an adjusted loss of $(0.07) per share. The market initially punished the stock for the earnings miss despite solid top-line performance.<\/p> <p><strong>Previous Pattern<\/strong>: VSH tends to experience pre-earnings volatility followed by sharp reactions to guidance and margin performance. The Newport acquisition integration continues to pressure margins by 160 basis points, making gross margin commentary particularly crucial.<\/p> <p>The book-to-bill ratio of 1.02 suggests healthy demand, with passive components (1.06) outperforming semiconductors (0.98). This divergence offers clues about where the company's strength truly lies.<\/p> <h3>6-Month Price Journey: Rollercoaster Ride<\/h3> <p>VSH's recent performance reads like a thriller novel:<\/p> <ul> <li><strong>March 2025<\/strong>: Started at $17.89 high, ended -7.23% at $15.64<\/li> <li><strong>April 2025<\/strong>: Absolute carnage - dropped to $10.35 low before recovering to $15.99, ending -18.30%<\/li> <li><strong>May 2025<\/strong>: Continued weakness, trading $12.00-$13.92 range, -6.62%<\/li> <li><strong>June 2025<\/strong>: Sweet relief! +8.32% recovery to $16.24<\/li> <li><strong>July-August 2025<\/strong>: Stabilization around $15.54 current levels<\/li> <\/ul> <p>The extreme April volatility\u2014a $5.64 swing\u2014represented one of the most dramatic moves in the stock's recent history, with volume exploding to 61 million shares as institutions repositioned.<\/p> [cta_green text=\"Start trading\"]<h2>\ud83d\udd2e Price Forecast: 2025-2030 Outlook<\/h2> <h3>Near-Term Projections (2025-2026)<\/h3> <p>Analysts show remarkable divergence in their VSH predictions:<\/p> <p><strong>2025 Targets<\/strong>: Range from bearish $13.50 (<a href=\"https:\/\/www.zacks.com\/stock\/research\/VSH\/price-target-stock-forecast\">Zacks Research<\/a>) to optimistic $22.52 average (<a href=\"https:\/\/stockscan.io\/stocks\/VSH\/forecast\">StockScan<\/a>). The wide spread reflects uncertainty about margin recovery and Newport integration.<\/p> <p><strong>2026 Outlook<\/strong>: Limited specific forecasts, but the trajectory depends heavily on Q3-Q4 2025 execution. Successful margin improvement could propel the stock toward $18-20 range.<\/p> <h3>Long-Term Vision (2028-2030)<\/h3> <p>The really interesting predictions emerge further out:<\/p> <p><strong>2028 Projection<\/strong>: Analysts expect $22-25 range if semiconductor cycle turns favorable and automotive electronics demand accelerates.<\/p> <p><strong>2030 Forecasts<\/strong>: Show even greater divergence\u2014from conservative $15.00 (<a href=\"https:\/\/walletinvestor.com\/stock-forecast\/vsh-stock-prediction\">WalletInvestor<\/a>) to bullish $27.85 (<a href=\"https:\/\/stockscan.io\/stocks\/VSH\/forecast\">StockScan<\/a>). This 85% spread highlights the binary nature of VSH's investment thesis.<\/p> <p><strong>Verdict<\/strong>: Current consensus suggests <strong>HOLD<\/strong> with cautious optimism. The risk-reward appears balanced at current levels, making dollar-cost averaging the smart approach.<\/p> <h2>\u26a0\ufe0f Risk Assessment vs. Positive Signals<\/h2> <h3>Risks Every VSH Investor Must Consider<\/h3> <ol> <li><strong>Margin Pressure<\/strong>: Newport integration continues dragging gross margins down 160 basis points<\/li> <li><strong>Semiconductor Cyclicality<\/strong>: Industry downturns can hammer component manufacturers<\/li> <li><strong>Currency Exposure<\/strong>: 68% international revenue creates forex volatility<\/li> <li><strong>Competition<\/strong>: Texas Instruments and Analog Devices dominate certain segments<\/li> <li><strong>Execution Risk<\/strong>: Integration missteps could prolong margin recovery<\/li> <\/ol> <h3>Green Lights for 2025-2026<\/h3> <ol> <li><strong>DENSO Partnership Award<\/strong>: <a href=\"https:\/\/www.quiverquant.com\/news\/Vishay+Intertechnology+Receives+DENSO's+2025+North+America+Business+Partner+Award+in+Value+Leader+Category\">Value Leader recognition<\/a> signals strong automotive relationships<\/li> <li><strong>Book-to-Bill Strength<\/strong>: 1.02 ratio indicates demand exceeds supply<\/li> <li><strong>Sequential Growth<\/strong>: 7% revenue increase across all markets shows broad-based recovery<\/li> <li><strong>Dividend Consistency<\/strong>: Regular payouts demonstrate financial stability<\/li> <li><strong>Institutional Interest<\/strong>: <a href=\"https:\/\/www.marketbeat.com\/instant-alerts\/filing-nuveen-llc-makes-new-investment-in-vishay-intertechnology-inc-vsh-2025-08-26\/\">Nuveen's new investment<\/a> suggests smart money sees value<\/li> <\/ol> <h2>\ud83d\udee1\ufe0f Beginner Trader Action Plan<\/h2> <p><strong>What to do today?<\/strong> Three serious moves and one veteran's perspective:<\/p> <ol> <li><strong>Start Small<\/strong>: Begin with 5-10% portfolio allocation using dollar-cost averaging\u2014$100-200 weekly avoids timing mistakes<\/li> <li><strong>Set Earnings Alerts<\/strong>: Mark November 5th; consider buying if post-earnings dip exceeds 5%<\/li> <li><strong>Watch Margins Closely<\/strong>: Gross margin improvement above 20% could be the catalyst for sustained rally<\/li> <\/ol> <p><strong>And the veteran's wink<\/strong>: \"Trading VSH is like soldering circuit boards\u2014steady hands win over frantic movements. The components might get hot, but patient assembly creates something that lasts.\"<\/p> <h2>\u2705 How to Buy Vishay Intertechnology, Inc. (VSH) Shares - Step by Step<\/h2> <table> <thead> <tr><th>Step<\/th><th>Action<\/th><th>Why It Matters<\/th><\/tr> <\/thead> <tbody> <tr><td>1<\/td><td>Choose Your Platform<\/td><td>Ensure it offers NYSE access and reasonable commission structure<\/td><\/tr> <tr><td>2<\/td><td>Fund Your Account<\/td><td>Start with manageable amount\u2014even $50 works for fractional shares<\/td><\/tr> <tr><td>3<\/td><td>Search \"VSH\"<\/td><td>Use the ticker symbol, not company name, for precise results<\/td><\/tr> <tr><td>4<\/td><td>Select Order Type<\/td><td>Limit orders prevent overpaying during volatility<\/td><\/tr> <tr><td>5<\/td><td>Review and Execute<\/td><td>Double-check quantities and prices before confirming<\/td><\/tr> <\/tbody> <\/table> <h2>\ud83d\udca1 Why Pocket Option Appeals to New Investors<\/h2> <p>For those beginning their investment journey, Pocket Option offers several advantages that align perfectly with VSH's characteristics:<\/p> <ul> <li><strong>Minimum Deposit<\/strong>: Just $5 lets you test strategies without significant risk\u2014ideal for learning semiconductor stock behavior<\/li> <li><strong>Rapid Verification<\/strong>: 1-minute KYC process means you can start trading almost immediately when opportunities arise<\/li> <li><strong>Flexible Withdrawals<\/strong>: 100+ options ensure you can access profits conveniently across different payment methods<\/li> <\/ul> <p>The platform's user-friendly interface makes monitoring VSH's technical levels and earnings announcements straightforward, even for those new to electronic components investing.<\/p> <h2>\ud83c\udf0d Vishay Intertechnology in 2025: Semiconductor Specialist<\/h2> <p>Vishay stands as a global leader in discrete semiconductors and passive electronic components, serving automotive, industrial, and consumer electronics markets worldwide. With 2024 revenues of $2.9 billion and approximately 22,700 employees, the company maintains manufacturing facilities across Israel, Asia, Europe, and the Americas.<\/p> <p>The company's product portfolio represents one of the industry's most comprehensive selections, including power MOSFETs, rectifiers, diodes, resistors, capacitors, and inductors. Their technology enables everything from portable devices to internet infrastructure.<\/p> <p><strong>Interesting Fact 2025<\/strong>: Vishay received DENSO's prestigious North America Business Partner Award for \"consistently proposing innovative components that enhance designs while providing exceptional supplier support.\" This recognition highlights their behind-the-scenes role in advancing automotive technology that most drivers never see but absolutely depend on.<\/p>","body_html_source":{"label":"Body HTML","type":"wysiwyg","formatted_value":"<h2>\ud83d\udcc8 VSH Stock Analysis: Current Price and Market Position<\/h2>\n<p>As of August 28, 2025, Vishay Intertechnology (VSH) trades at <strong>$15.54<\/strong>\u2014a critical level that represents both opportunity and caution for investors. The stock has shown resilience after a turbulent period, gaining +0.71% recently but still facing headwinds from broader market pressures.<\/p>\n<p><strong>Mark your calendar: November 5, 2025<\/strong> is the next major catalyst. That&#8217;s when Vishay releases Q3 earnings, and history shows these reports can move the needle significantly.<\/p>\n<h3>Earnings Impact Analysis: How VSH Reacts to News<\/h3>\n<p>Looking at recent earnings patterns reveals fascinating trader psychology:<\/p>\n<p><strong>August 6, 2025<\/strong>: Q2 earnings showed revenue growth to $762.3 million (+7% sequentially) but an adjusted loss of $(0.07) per share. The market initially punished the stock for the earnings miss despite solid top-line performance.<\/p>\n<p><strong>Previous Pattern<\/strong>: VSH tends to experience pre-earnings volatility followed by sharp reactions to guidance and margin performance. The Newport acquisition integration continues to pressure margins by 160 basis points, making gross margin commentary particularly crucial.<\/p>\n<p>The book-to-bill ratio of 1.02 suggests healthy demand, with passive components (1.06) outperforming semiconductors (0.98). This divergence offers clues about where the company&#8217;s strength truly lies.<\/p>\n<h3>6-Month Price Journey: Rollercoaster Ride<\/h3>\n<p>VSH&#8217;s recent performance reads like a thriller novel:<\/p>\n<ul>\n<li><strong>March 2025<\/strong>: Started at $17.89 high, ended -7.23% at $15.64<\/li>\n<li><strong>April 2025<\/strong>: Absolute carnage &#8211; dropped to $10.35 low before recovering to $15.99, ending -18.30%<\/li>\n<li><strong>May 2025<\/strong>: Continued weakness, trading $12.00-$13.92 range, -6.62%<\/li>\n<li><strong>June 2025<\/strong>: Sweet relief! +8.32% recovery to $16.24<\/li>\n<li><strong>July-August 2025<\/strong>: Stabilization around $15.54 current levels<\/li>\n<\/ul>\n<p>The extreme April volatility\u2014a $5.64 swing\u2014represented one of the most dramatic moves in the stock&#8217;s recent history, with volume exploding to 61 million shares as institutions repositioned.<\/p>\n<div class=\"po-container po-container_width_article\">\n   <div class=\"po-cta-green__wrap\">\n      <a href=\"https:\/\/pocketoption.com\/en\/register\/\" class=\"po-cta-green\">Start trading\n         <span class=\"po-cta-green__icon\">\n            <svg width=\"24\" height=\"24\" fill=\"none\" aria-hidden=\"true\">\n               <use href=\"#svg-arrow-cta\"><\/use>\n            <\/svg>\n         <\/span>\n      <\/a>\n   <\/div>\n<\/div>\n<h2>\ud83d\udd2e Price Forecast: 2025-2030 Outlook<\/h2>\n<h3>Near-Term Projections (2025-2026)<\/h3>\n<p>Analysts show remarkable divergence in their VSH predictions:<\/p>\n<p><strong>2025 Targets<\/strong>: Range from bearish $13.50 (<a href=\"https:\/\/www.zacks.com\/stock\/research\/VSH\/price-target-stock-forecast\">Zacks Research<\/a>) to optimistic $22.52 average (<a href=\"https:\/\/stockscan.io\/stocks\/VSH\/forecast\">StockScan<\/a>). The wide spread reflects uncertainty about margin recovery and Newport integration.<\/p>\n<p><strong>2026 Outlook<\/strong>: Limited specific forecasts, but the trajectory depends heavily on Q3-Q4 2025 execution. Successful margin improvement could propel the stock toward $18-20 range.<\/p>\n<h3>Long-Term Vision (2028-2030)<\/h3>\n<p>The really interesting predictions emerge further out:<\/p>\n<p><strong>2028 Projection<\/strong>: Analysts expect $22-25 range if semiconductor cycle turns favorable and automotive electronics demand accelerates.<\/p>\n<p><strong>2030 Forecasts<\/strong>: Show even greater divergence\u2014from conservative $15.00 (<a href=\"https:\/\/walletinvestor.com\/stock-forecast\/vsh-stock-prediction\">WalletInvestor<\/a>) to bullish $27.85 (<a href=\"https:\/\/stockscan.io\/stocks\/VSH\/forecast\">StockScan<\/a>). This 85% spread highlights the binary nature of VSH&#8217;s investment thesis.<\/p>\n<p><strong>Verdict<\/strong>: Current consensus suggests <strong>HOLD<\/strong> with cautious optimism. The risk-reward appears balanced at current levels, making dollar-cost averaging the smart approach.<\/p>\n<h2>\u26a0\ufe0f Risk Assessment vs. Positive Signals<\/h2>\n<h3>Risks Every VSH Investor Must Consider<\/h3>\n<ol>\n<li><strong>Margin Pressure<\/strong>: Newport integration continues dragging gross margins down 160 basis points<\/li>\n<li><strong>Semiconductor Cyclicality<\/strong>: Industry downturns can hammer component manufacturers<\/li>\n<li><strong>Currency Exposure<\/strong>: 68% international revenue creates forex volatility<\/li>\n<li><strong>Competition<\/strong>: Texas Instruments and Analog Devices dominate certain segments<\/li>\n<li><strong>Execution Risk<\/strong>: Integration missteps could prolong margin recovery<\/li>\n<\/ol>\n<h3>Green Lights for 2025-2026<\/h3>\n<ol>\n<li><strong>DENSO Partnership Award<\/strong>: <a href=\"https:\/\/www.quiverquant.com\/news\/Vishay+Intertechnology+Receives+DENSO's+2025+North+America+Business+Partner+Award+in+Value+Leader+Category\">Value Leader recognition<\/a> signals strong automotive relationships<\/li>\n<li><strong>Book-to-Bill Strength<\/strong>: 1.02 ratio indicates demand exceeds supply<\/li>\n<li><strong>Sequential Growth<\/strong>: 7% revenue increase across all markets shows broad-based recovery<\/li>\n<li><strong>Dividend Consistency<\/strong>: Regular payouts demonstrate financial stability<\/li>\n<li><strong>Institutional Interest<\/strong>: <a href=\"https:\/\/www.marketbeat.com\/instant-alerts\/filing-nuveen-llc-makes-new-investment-in-vishay-intertechnology-inc-vsh-2025-08-26\/\">Nuveen&#8217;s new investment<\/a> suggests smart money sees value<\/li>\n<\/ol>\n<h2>\ud83d\udee1\ufe0f Beginner Trader Action Plan<\/h2>\n<p><strong>What to do today?<\/strong> Three serious moves and one veteran&#8217;s perspective:<\/p>\n<ol>\n<li><strong>Start Small<\/strong>: Begin with 5-10% portfolio allocation using dollar-cost averaging\u2014$100-200 weekly avoids timing mistakes<\/li>\n<li><strong>Set Earnings Alerts<\/strong>: Mark November 5th; consider buying if post-earnings dip exceeds 5%<\/li>\n<li><strong>Watch Margins Closely<\/strong>: Gross margin improvement above 20% could be the catalyst for sustained rally<\/li>\n<\/ol>\n<p><strong>And the veteran&#8217;s wink<\/strong>: &#8220;Trading VSH is like soldering circuit boards\u2014steady hands win over frantic movements. The components might get hot, but patient assembly creates something that lasts.&#8221;<\/p>\n<h2>\u2705 How to Buy Vishay Intertechnology, Inc. (VSH) Shares &#8211; Step by Step<\/h2>\n<table>\n<thead>\n<tr>\n<th>Step<\/th>\n<th>Action<\/th>\n<th>Why It Matters<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1<\/td>\n<td>Choose Your Platform<\/td>\n<td>Ensure it offers NYSE access and reasonable commission structure<\/td>\n<\/tr>\n<tr>\n<td>2<\/td>\n<td>Fund Your Account<\/td>\n<td>Start with manageable amount\u2014even $50 works for fractional shares<\/td>\n<\/tr>\n<tr>\n<td>3<\/td>\n<td>Search &#8220;VSH&#8221;<\/td>\n<td>Use the ticker symbol, not company name, for precise results<\/td>\n<\/tr>\n<tr>\n<td>4<\/td>\n<td>Select Order Type<\/td>\n<td>Limit orders prevent overpaying during volatility<\/td>\n<\/tr>\n<tr>\n<td>5<\/td>\n<td>Review and Execute<\/td>\n<td>Double-check quantities and prices before confirming<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>\ud83d\udca1 Why Pocket Option Appeals to New Investors<\/h2>\n<p>For those beginning their investment journey, Pocket Option offers several advantages that align perfectly with VSH&#8217;s characteristics:<\/p>\n<ul>\n<li><strong>Minimum Deposit<\/strong>: Just $5 lets you test strategies without significant risk\u2014ideal for learning semiconductor stock behavior<\/li>\n<li><strong>Rapid Verification<\/strong>: 1-minute KYC process means you can start trading almost immediately when opportunities arise<\/li>\n<li><strong>Flexible Withdrawals<\/strong>: 100+ options ensure you can access profits conveniently across different payment methods<\/li>\n<\/ul>\n<p>The platform&#8217;s user-friendly interface makes monitoring VSH&#8217;s technical levels and earnings announcements straightforward, even for those new to electronic components investing.<\/p>\n<h2>\ud83c\udf0d Vishay Intertechnology in 2025: Semiconductor Specialist<\/h2>\n<p>Vishay stands as a global leader in discrete semiconductors and passive electronic components, serving automotive, industrial, and consumer electronics markets worldwide. With 2024 revenues of $2.9 billion and approximately 22,700 employees, the company maintains manufacturing facilities across Israel, Asia, Europe, and the Americas.<\/p>\n<p>The company&#8217;s product portfolio represents one of the industry&#8217;s most comprehensive selections, including power MOSFETs, rectifiers, diodes, resistors, capacitors, and inductors. Their technology enables everything from portable devices to internet infrastructure.<\/p>\n<p><strong>Interesting Fact 2025<\/strong>: Vishay received DENSO&#8217;s prestigious North America Business Partner Award for &#8220;consistently proposing innovative components that enhance designs while providing exceptional supplier support.&#8221; This recognition highlights their behind-the-scenes role in advancing automotive technology that most drivers never see but absolutely depend on.<\/p>\n"},"faq":[{"question":"What does Vishay Intertechnology actually do?","answer":"Vishay manufactures electronic components like semiconductors, resistors, and capacitors used in everything from cars to smartphones to industrial equipment."},{"question":"Why did VSH stock drop so dramatically in April 2025?","answer":"The stock experienced extreme volatility due to margin pressures from the Newport acquisition integration and broader semiconductor sector concerns."},{"question":"Is VSH a good long-term investment?","answer":"Analysts are mixed\u2014some see value at current levels while others caution about near-term margin pressures. The long-term outlook depends on successful integration and semiconductor cycle recovery."},{"question":"When is the next important date for VSH investors?","answer":"November 5, 2025\u2014Q3 earnings release could significantly impact the stock price based on margin performance and guidance."},{"question":"Does Vishay pay dividends?","answer":"Yes, the company has maintained regular quarterly dividend payments, providing income alongside potential capital appreciation."}],"faq_source":{"label":"FAQ","type":"repeater","formatted_value":[{"question":"What does Vishay Intertechnology actually do?","answer":"Vishay manufactures electronic components like semiconductors, resistors, and capacitors used in everything from cars to smartphones to industrial equipment."},{"question":"Why did VSH stock drop so dramatically in April 2025?","answer":"The stock experienced extreme volatility due to margin pressures from the Newport acquisition integration and broader semiconductor sector concerns."},{"question":"Is VSH a good long-term investment?","answer":"Analysts are mixed\u2014some see value at current levels while others caution about near-term margin pressures. The long-term outlook depends on successful integration and semiconductor cycle recovery."},{"question":"When is the next important date for VSH investors?","answer":"November 5, 2025\u2014Q3 earnings release could significantly impact the stock price based on margin performance and guidance."},{"question":"Does Vishay pay dividends?","answer":"Yes, the company has maintained regular quarterly dividend payments, providing income alongside potential capital appreciation."}]}},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.8 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How to buy Vishay Intertechnology, Inc. (VSH) shares - Investment in Vishay Intertechnology, Inc. 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