ASM International NV ( (GB:0NX3) ) just unveiled an update.
ASM International reported strong financial results for Q4 2024, marking the eighth consecutive year of double-digit growth, outperforming the wafer fab equipment market. The company saw a significant increase in revenue and operating margins, driven by demand for GAA and HBM DRAM applications, despite mixed market conditions and a drop in demand from China. ASM continues to invest in innovation and sustainability, achieving 100% renewable electricity in 2024, and is optimistic about growth in GAA-related sales in 2025, although challenges remain in the power/analog/wafer segments.
More about ASM International NV
ASM International N.V. is a company in the semiconductor industry, focusing on the production of wafer fab equipment. Its primary products include gate-all-around (GAA) and high-bandwidth memory (HBM) DRAM, with a strong market focus on leading-edge logic/foundry and memory applications.
YTD Price Performance: 1.14%
Average Trading Volume: 24,582
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €27.58B
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