ASM International NV, headquartered in Almere, the Netherlands, forecast third-quarter revenue of 1.1 billion euros (on a constant currency basis), plus or minus 5%
ASM International NV, headquartered in Almere, the Netherlands, forecast third-quarter revenue of 1.1 billion euros (on a constant currency basis), plus or minus 5%. The company has seen strong demand for its equipment, driven by the construction of artificial intelligence (AI) infrastructure and the shift to new chip architectures with more complex manufacturing processes. ASM raised its revenue forecast for 2027 to "exceed" the upper end of its previous target range of 3.7 billion to 4.6 billion euros due to increased equipment demand.