$ASM INTERNATIONAL NV SPON ADR EACH REP 1 ORD SHS (ASMIY.US)...

$ASM INTERNATIONAL NV SPON ADR EACH REP 1 ORD SHS (ASMIY.US)$ Dutch chipmaker ASMI raises Q3 order forecast to 600 million euros

According to Zhitong Finance, due to the strong demand for equipment in the casting/logic field, Dutch chip manufacturer ASM International raised its third-quarter order forecast. It is reported that ASMI expects orders for the third quarter to exceed 600 million euros (70284 million U.S. dollars), compared with previous guidance of 510 million to 530 million euros. The company also predicts that by 2025, revenue will increase to 2.8-3.4 billion euros.

In addition, despite the challenges facing the supply chain related to the epidemic, ASMI expects further growth in revenue this year due to strong demand for chips.