ASM International lifts 2027 sales guidance 24% on AI boom, plans €300M buyback

Chip-equipment supplier ASM International has lifted its 2027 sales guidance 24% to over €5.7 billion on AI demand, after record Q3 revenue of €1.16 billion (+44%) and net profit of €308.1 million. It plans to buy back up to €300 million in shares.

Detected & updated continuously · Source: Nebula