Published Oct 27, 2026, 1:30 PM ET · Updated 17 days ago · 3 sources

ASM Lifts 2027 Outlook as AI Buildout Fuels Demand For Its Tools

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ASM Lifts 2027 Outlook as AI Buildout Fuels Demand For Its Tools

ASM International NV increased its revenue target for next year by about 24%, setting up the chip-equipment maker to hit its 2030 goal three years ahead of schedule, on a surge in sales linked to AI investments.