ASM International expects FY sales growth of 10%-20% despite tariff uncertainty

From Yahoo Finance: 2025-04-29 12:27:00

ASM International (ASMI) predicts annual sales growth in double digits despite trade tensions, with first-quarter orders surpassing last year’s. Sales expected to rise 10% to 20% by 2025, with gross margin forecast in upper half of 46%-50% target range. Global trade uncertainty impacts GDP and semiconductor market, but AI chip demand remains robust. Second-quarter sales projected to increase by 1%-6%. ($1 = 0.8772 euros)



Read more at Yahoo Finance: ASM International expects FY sales growth of 10%-20% despite tariff uncertainty