ASM International raises its 2027 revenue forecast to more than €5.7 billion on demand from SI chipmakers
Prepared by Sintelligent with the help of SI. Published in SI: . Updated: .
The build-out of SI infrastructure is lifting forecasts even for suppliers of chip-making equipment.
Dutch chip-equipment maker ASM International raised its 2027 revenue forecast to more than €5.7 billion from more than €4.6 billion in July, an increase of about 24%; the company says it will reach its 2030 target three years early. Third-quarter revenue rose 44% at constant currency to a record €1.16 billion and net income was €308.1 million; the company plans to buy back up to €300 million of its shares. CEO Hichem M'Saad: "Capacity remains tight across our customer base, and customers are moving quickly to increase output." ASM's customers include TSMC and Intel, The Next Web writes.
Sources 1