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ASMPT Sees Massive Revenue Growth Driven by AI Chip Demand, Boosting 2027 Forecasts

AI News

ASMPT Sees Massive Revenue Growth Driven by AI Chip Demand, Boosting 2027 Forecasts

ASMPT Sales Jump 49% on AI Demand as Chip Unit Misses Estimate

Bloomberg

ASMPT Sales Jump 49% on AI Demand as Chip Unit Misses Estimate

ASMPT Ltd. posted its fastest revenue growth of the year on surging AI hardware demand, though a slight miss in its semiconductor division underscored the high bar analysts have set for the...

ASM Raises 2027 Revenue Target on AI-Driven Demand Surge for Chip Tools

Bloomberg

ASM Raises 2027 Revenue Target on AI-Driven Demand Surge for Chip 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...

ASM lifts its 2027 sales forecast by a quarter as AI chipmakers spend

TNW

ASM lifts its 2027 sales forecast by a quarter as AI chipmakers spend

ASM International raised its 2027 revenue forecast to more than €5.7B, from above €4.6B, as memory and AI chipmakers expand. That reaches its 2030 target three years early. Third-quarter revenue...

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

Reuters

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.

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