ASM International shifts manufacturing to US due to tariffs, focusing on local tool production

From Yahoo Finance: 2025-04-30 11:04:00

Dutch chip-making equipment supplier ASM International responds to U.S. tariffs by starting local tool production in Phoenix, Arizona for U.S. chipmakers. CEO M’Saad emphasizes global infrastructure benefits. ASM’s U.S. sales accounted for 21% of revenue last year, facing competition from major U.S. players like Applied Materials and LAM Research. ALD technology for smaller chip circuits.

Read more: ASM International shifts some manufacturing to US to escape tariffs