ASM International Forecasts €980M Q2 Revenue, Tops €883.9M Estimate
ASM International reported first-quarter revenue of €862.5 million versus analysts’ €828.5 million estimate and projected second-quarter sales of €980 million, surpassing the €883.9 million consensus. The company also announced it will stop publishing volatile new order figures as robust customer investments in leading-edge and 1.4nm pilot lines drive demand.
1. Q1 Results Exceed Expectations
ASM International posted first-quarter revenue of €862.5 million, topping the €828.5 million consensus and reflecting strong demand for semiconductor manufacturing equipment.
2. Q2 Revenue Forecast Surpasses Estimates
The company forecast second-quarter revenue of around €980 million, outpacing the €883.9 million market estimate, driven by a solid order backlog and customer pre-commitments.
3. Order Figure Publication Halted
ASM International said it will discontinue publication of new order figures citing high volatility, a move analysts say is offset by the significance of its upgraded guidance.
4. AI Led Spending and Next-Gen Chip Investments
Customers are increasing spending on current leading-edge nodes while initiating pilot-line investments for the 1.4nm node, signaling sustained momentum in advanced chip technology development.