(March 4): ASM International NV forecasted revenue for the first quarter that beat analysts’ estimates, boosted by higher demand from China and continued artificial intelligence investments. The rapid development of data centres has led to semiconductor manufacturers boosting capacity, in turn stoking demand for chip-equipment makers’ products. ASM then announced a stronger-than-anticipated preliminary order intake for the fourth quarter, driven by “solid” bookings from logic customers and a rebound in demand from China. ASM said it now expects sales in China to increase in 2026, calling it “a notable improvement” from its prior forecast of a double‑digit decline. The expansion is aimed at supporting ASM’s target of reaching more than €5.7 billion in sales by 2030.

Source: The Edge Markets March 04, 2026 10:24 UTC