StreetInsider.com News Articles

Pay attention to this 'unusual' chip laggard, UBS says

Tue, 06 Jan 2026 15:00:00 -0500

There is an “unusual laggard waiting to catch up” in the semiconductor chip sector, according to UBS, which reiterated its Buy rating and named the Dutch equipment maker “one of our top picks as we start 2026.”

Analyst Francois-Xavier Bouvignies noted that ASM International’s shares were “flat versus average gains for global semis cap stocks of +69%” over the past year, despite what UBS describes as underestimated strengths in both logic and memory.

UBS stated that the market “appears to undervalue ASMI’s strong exposure to TSMC,” which contributes more than 40% of revenue.

The bank raised its EPS estimates for 2026

Pay attention to this 'unusual' chip laggard, UBS says

Tue, 06 Jan 2026 15:00:00 -0500

UBS stated that the market “appears to undervalue ASMI’s strong exposure to TSMC,” which contributes more than 40% of revenue.

The bank raised its EPS estimates for 2026

Morgan Stanley is bullish on this chip equipment stock. Here's why.

Fri, 05 Dec 2025 11:00:00 -0500

Investing.com - "Drivers for underperformance no longer apply going forward."

That's how analysts at Barclays described the state of shares in one of Europe's largest semiconductor equipment makers, which has been grappling with a sizeable drop in orders from Chinese chipmakers and underwhelming artificial intelligence-related spending from clients.

Against this backdrop, the company, ASM International, posted bookings -- a key performance metric -- of 637 million euros in the third quarter, well below analyst forecasts.

This announcement in October came just a little over a month after it slashed its 2025 revenue forecast, warning of tepid demand fueled by challenges at key customers

ASM’s new orders dragged by China slowdown though margins improve

Tue, 28 Oct 2025 14:19:37 -0500

Investting.com --ASM International reported lower third-quarter orders as Chinese chipmakers scaled back spending, though profitability stayed strong on higher-margin sales and tight cost control.

New bookings fell 17% from a year earlier at constant currencies to €637 million, as demand from China weakened following export restrictions and a strong first half. Orders were down 7% from the previous quarter.

Revenue rose 8% year-on-year at constant currency to €800 million, landing at the top end of the company’s guidance, while gross margin improved to 51.9% from 49.4%.

Chief Executive Hichem M’Saad said revenue growth was driven by advanced logic and foundry

ASM’s new orders dragged by China slowdown though margins improve

Tue, 28 Oct 2025 14:19:37 -0500

Investting.com --ASM International reported lower third-quarter orders as Chinese chipmakers scaled back spending, though profitability stayed strong on higher-margin sales and tight cost control.

Chief Executive Hichem M’Saad said revenue growth was driven by advanced logic and foundry

ASM International new orders fall 4% in Q2 amid mixed market conditions

Tue, 22 Jul 2025 12:47:49 -0500

Investing.com -- ASM International reported a 4% year-on-year decline in new orders in the second quarter of 2025, as mixed market conditions weighed on demand across segments.

New orders fell to €702.5 million at constant currencies, down 10% from the first quarter, largely due to lower advanced logic/foundry bookings.

The company added that the “y-o-y decrease was mainly due to the lumpy nature of quarterly order intake and compared to a relatively high memory contribution in Q2 2024.”

“The market environment continued to show a mixed picture in the second quarter,” said ASM CEO Hichem M’Saad.

While AI-related demand supported growth

ASM International new orders fall 4% in Q2 amid mixed market conditions

Tue, 22 Jul 2025 12:47:49 -0500

Investing.com -- ASM International reported a 4% year-on-year decline in new orders in the second quarter of 2025, as mixed market conditions weighed on demand across segments.

New orders fell to €702.5 million at constant currencies, down 10% from the first quarter, largely due to lower advanced logic/foundry bookings.

The company added that the “y-o-y decrease was mainly due to the lumpy nature of quarterly order intake and compared to a relatively high memory contribution in Q2 2024.”

“The market environment continued to show a mixed picture in the second quarter,” said ASM CEO Hichem M’Saad.

While AI-related demand supported growth

BofA sees rising China risk for EU tech firms as domestic shift deepens

Wed, 21 May 2025 07:42:05 -0500

Investing.com -- European tech companies face mounting risks from China’s accelerating push for self-sufficiency, according to a new note from Bank of America on Wednesday.

With China accounting for 29% of global semiconductor sales in 2024, Beijing’s “Made in China 2025” policy poses growing challenges for European IT hardware players, according to BofA.

“We analyse the risk of a complete decoupling from China,” BofA analysts wrote, warning that European companies with significant exposure to China could face sharp earnings and valuation pressures.