ASM lifts its 2027 sales forecast by a quarter as AI chipmakers spend
ASM International significantly increased its 2027 sales guidance from €4.6B to €5.7B, achieving its previous 2030 target three years early. The boost reflects strong demand from AI and memory chipmakers expanding capacity. Third-quarter results showed 44% revenue growth to €1.16B, and the company announced a buyback program of up to €300M.
Key points
- 2027 revenue forecast raised to €5.7B from €4.6B
- Driven by AI and memory chipmaker spending
- Reaches 2030 target three years early
- Q3 revenue grew 44% to €1.16B record
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