ASM International expects Q4 sales above forecasts, to hit 2030 goal three years early

ASM International expects Q4 sales above forecasts, to hit 2030 goal three years early

ASM International forecast on Tuesday fourth-quarter revenue above expectations and said it would reach its 2030 ​sales target three years early, driven by ‌AI-related capacity investments.

ASM Lifts 2027 Outlook as AI Buildout Fuels Demand For Tools

ASM International NV increased its revenue target for next year by about 24%, setting up the chip-equipment maker to hit its 2030 goal three years ahead of schedule, on a surge in sales linked to AI investments.

ASM International Q3 2026 earnings show record revenue, raised outlook

The chip equipment maker also authorized a buyback of up to €300 million as third-quarter revenue rose 44% at constant currencies

ASM International Raises 2027 Sales Target Three Years Ahead of Schedule

ASM International posted record quarterly revenue of €1.16 billion and authorized a €300 million buyback, even as JPMorgan and Goldman Sachs pulled back exposure on a $5 billion AI infrastructure loan to Volta Holdings.