TNW | Artificial-intelligence
ASM lifts its 2027 sales forecast by a quarter as AI chipmakers spend
The Dutch chip-equipment maker now expects to hit its 2030 sales goal three years early and plans a €300M buyback.
By TNW | Artificial-intelligence
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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 rose 44% to a record €1.16B, and ASM plans a buyback of up to €300M.
ASM International has raised its 2027 sales forecast by about 24%…
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