ASMIY ASM INTERNATIONAL NV SPON ADR EACH REP 1 ORD SHSWatchlist
About ASM INTERNATIONAL NV SPON ADR EACH REP 1 ORD SHS Company
ASM International NV engages in the research and development, design, manufacture, and sale of equipment, and provision of service to customers for the production of semiconductor devices and integrated circuits. It operates through the Front-end and Back-end segments. The Front-end segment manufactures and sells equipment used in wafer processing, encompassing the fabrication steps in which silicon wafers are layered with semiconductor devices. The Back-end segment manufactures and sells equipment and materials used in assembly and packaging, encompassing the processes in which silicon wafers are separated into individual circuits and subsequently assembled, packaged, and tested. The company was founded by Arthur H. del Prado on March 4, 1968 and is headquartered in Almere, the Netherlands.
ASM International GAAP EPS of €2.62, Revenue of €622.3M
Earnings Outlook For ASM International
ASM International (OTC:ASMIY) is set to give its latest quarterly earnings report on Tuesday, 2023-10-24. Here's what investors need to know before the announcement.Analysts estimate that ASM Internat
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• $Aptiv PLC(APTV.US)$ : Wells Fargo Upgrades to Equal Weight from Underweight - PT $112 (from $108)
• $ASM INTERNATIONAL NV SPON ADR EACH REP 1 ORD SHS(ASMIY.US)$ : Barclays Upgrades to Overweight from EqualWeight - PT $425 (from $300)
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• $Cardinal Health(CAH.US)$ : Morgan Stanley Upgrades to Overweight from Equalweight - PT $74 (from $54)
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According to Zhitong Finance, due to the strong demand for equipment in the casting/logic field, Dutch chip manufacturer ASM International raised its third-quarter order forecast. It is reported that ASMI expects orders for the third quarter to exceed 600 million euros (70284 million U.S. dollars), compared with previous guidance of 510 million to 530 million euros. The company also predicts that by 2025, revenue will increase to 2.8-3.4 billion euros.
In addition, despite the challenges facing the supply chain related to the epidemic, ASMI expects further growth in revenue this year due to strong demand for chips.