ASM International NV (GB:0NX3) has released an update.
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ASM International NV reported strong third-quarter 2024 results, with revenue reaching a record €779 million, driven by AI-related demand and an increase in orders for gate-all-around technology. The company saw a 30% rise in new orders compared to the previous year, and its operating result margin improved significantly, highlighting its robust performance in a challenging market. Despite some market uncertainties, ASM remains optimistic about its growth prospects, particularly in advanced semiconductor technologies and the Chinese market.
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