ASM INTERNATIONAL HITS 2030 TARGET THREE YEARS EARLY

ASM International posted record third-quarter revenue of 1.159 billion euros, up 44% year-over-year at constant currencies as AI-driven demand for advanced chipmaking equipment accelerated. Gross margin held at 52%, operating margin rose to 32.7%, and net income reached 308.1 million euros. The company now expects to top its 2030 revenue target of more than 5.7 billion euros as early as 2027, three years ahead of the plan set at its 2025 investor day. The board also authorized a new 300 million euro share buyback. $ASMIY