ASM Sees 2027 Sales Beat on AI

ASM International expects to surpass its 2027 revenue forecast as artificial intelligence demand boosts semiconductor investments. CEO Hichem M Saad notes strong order visibility into 2028, though supply chain constraints could limit further upside.

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FILE PHOTO: The logo of Dutch multinational supplier of production equipment for the semiconductor industry,  ASM, is displayed at its headquarters in Almere, Netherlands, January 23, 2026. REUTERS/Piroschka van de Wouw/File Photo

ASM INTERNATIONAL NV expects to surpass its €5.7 billion ($6.34 billion) 2027 revenue target on artificial intelligence demand. CEO Hichem M'Saad said the Netherlands-based chip equipment maker has clear visibility into 2028 orders. Supply chain bottlenecks remain the primary risk to exceeding projections.