ASM International Raises 2027 Sales Forecast by 25%

• ASM International raised its 2027 revenue forecast to over €5.7B from €4.6B.
• Third-quarter revenue rose 44% to a record €1.16B.
• The company plans a buyback of up to €300M.
• ASM International will hit its 2030 revenue target three years ahead of schedule.
• Increased demand from memory and AI chipmakers is driving the higher forecast.