ASM International expects to beat its 2027 sales target, CEO says
ASM International's CEO expects 2027 revenue above 5.7 billion euros, though a strained supply chain could limit how far sales rise.
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what happened
ASM International should generate more than 5.7 billion euros ($6.34 billion) in revenue in 2027, CEO Hichem M'Saad told Reuters on Wednesday. That is the forecast the Dutch company published on Tuesday, and he said the final figure could come in higher. How much higher depends on several factors, one of which is the supply chain, which he described as under noticeable strain.
On Tuesday the company also said fourth-quarter revenue would beat expectations and that it would hit its 2030 sales goal three years ahead of schedule. The main driver is capacity investment tied to artificial intelligence.
why it matters
For markets this signals continued demand for chipmaking equipment fuelled by AI spending. Supply constraints could still cap revenue growth, so the size of any beat over the forecast remains unclear. Exchange rate at publication: $1 = 0.8993 euros.
market impact
Chip equipment makers: AI capacity spending supports order demand
- Chip equipment makers pressure up — AI capacity build-out supports demand for orders
tags
instruments
sources
- ASM International expects to exceed 2027 sales goal, supply chain key, CEO says — Reuters, 28 October 2026 at 08:21 UTC
- ASM International expects to exceed 2027 sales goal, supply chain key, CEO says — Reuters, 28 October 2026 at 08:37 UTC
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