ASMI lifts 2027 outlook, forecasts third-quarter revenue above estimates
Source: Reuters · 2026-07-28
ASM International on Tuesday forecast third-quarter revenue above market expectations and upgraded its 2027 sales outlook, buoyed by continued demand from customers investing in artificial intelligence infrastructure.
The Dutch semiconductor equipment maker expects third-quarter revenue of about 1.1 billion euros ($1.25 billion) at constant exchange rates, plus or minus 5%, compared with analysts' average estimate of 994.5 million euros. Sign up here. AI-relat... [1124 chars]