ASM International projects Q2 revenue above estimates
The chip equipment maker expects second quarter revenue of 980 million euros after reporting a first quarter beat. This guidance exceeds analyst expectations.
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The Dutch semiconductor equipment manufacturer ASM INTERNATIONAL NV has issued a second-quarter revenue forecast that surpasses market expectations, following a strong performance in the first three months of the year. As Europe's second-largest producer of chipmaking tools, the company anticipates revenue for the upcoming quarter to reach approximately 980 million euros.
