Wednesday, 28 October, 2026
Chip Gold Rush: ASM Hits 2030 Goals Early on Booming AI Demand
By TechShots Studio
ASM International has sharply raised its 2027 revenue outlook to over €5.7 billion, accelerating its long-term growth targets by three years. Driven by soaring global demand for semiconductor manufacturing tools to power the AI buildout, the Dutch equipment maker reported robust third-quarter earnings alongside a €300 million share buyback.
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