ASM Lifts 2027 Outlook as AI Buildout Fuels Demand For Its Tools

ASM International NV has raised its 2027 revenue target by approximately 24%, putting the chip-equipment manufacturer on track to reach its 2030 financial goals three years early. This adjustment follows a sustained increase in demand for the company’s tools, driven largely by global capital investment in artificial intelligence infrastructure. The revised guidance highlights how chipmaking equipment suppliers are benefiting from the ongoing expansion of production capacity for high-performance computing hardware.