ASM International reported preliminary fourth-quarter bookings of approximately €800 million, significantly above both the prior guidance range and the €637 million recorded in Q3 2025. The strength was driven by a late-quarter rebound in orders from China, which had softened earlier in the year, and robust demand in the advanced logic and foundry segment. This upswing positions ASM to capitalize on recovering capital expenditure trends among key semiconductor manufacturers in Asia.

For the same period, ASM achieved revenue of €698 million, surpassing the previously guided range of €630–660 million. The outperformance reflects strong sales in advanced logic and foundry equipment, complemented by elevated spares and services revenue, which contributed more than 15% of total quarterly income. Management attributes the upside partly to accelerated installations at leading wafer fabrication facilities in Taiwan and South Korea.

Buoyed by the improved bookings trajectory, ASM now expects first-quarter 2026 revenue at constant currencies to rise compared with Q4 2025. The company cited ongoing order momentum in China and early demand signals from new 3 nanometer node tool deployments in North America. This projection assumes no major disruptions in supply chains or customer factory schedules.

ASM’s strong Q4 performance underscores its leading position in wafer processing equipment for logic and foundry customers. With a diversified geographic footprint—manufacturing sites in the Netherlands, the United States and Asia—and a service business contributing recurring revenue, the company is well placed to navigate semiconductor cycle volatility. Investors should monitor the March 3 release of audited results and any commentary on capacity expansion plans or margin trends in spares and services.