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AI news ·

ASM Lifts 2027 Outlook Above €5.7 Billion on AI Chip Demand

ASM International now expects to hit its 2030 revenue goal of over €5.7 billion by 2027, driven by strong demand for AI chip equipment.

ASM International has raised its financial outlook, now expecting to reach its previously stated 2030 revenue target by 2027. The company projects revenue will exceed €5.7 billion in that year, pulling forward the milestone by three years.

The revised forecast follows a quarter of record revenue. ASM cited demand driven by leading-edge artificial intelligence chips as the primary factor behind the accelerated timeline.

Semiconductor equipment remains both a key beneficiary and a critical constraint in the current AI infrastructure buildout cycle.

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