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home / news releases / ASMIY - ASM International: Q1'24 Pretty Much Validated The Current Upcycle


ASMIY - ASM International: Q1'24 Pretty Much Validated The Current Upcycle

2024-04-27 11:11:12 ET

Summary

  • ASMIY's 1Q24 results validate my bullish view, with sequential revenue and order intake growth.
  • The 2nm GAA transition and AI demand are driving order intake growth for ASMIY.
  • Strong memory chip demand and China sales growth support ASMIY's upcycle, but there is a risk of temporary growth.

Summary

For further details see:

ASM International: Q1'24 Pretty Much Validated The Current Upcycle
Stock Information

Company Name: ASM International NV New York Shares
Stock Symbol: ASMIY
Market: OTC
Website: asm.com

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