ASM ATTENDED FIRST TOOL-IN CEREMONY TSMC’S NEW FAB IN ARIZONA

Rhea-AI Summary

ASM International N.V. attended TSMC's first tool-in ceremony at its new Phoenix fab on December 6, 2022. This event was notable as Arizona's government supports the semiconductor industry with a historic $100 million investment, following the $52 billion CHIPS and Science Act. ASM, a leader in atomic layer deposition technology, highlighted its collaboration with TSMC, which plans $40 billion investment in Arizona. Both President Biden and Arizona Governor-elect attended the event, emphasizing the importance of strengthening the semiconductor supply chain in the U.S.

Positive

• Participation in TSMC's first tool-in ceremony enhances ASM's visibility in the semiconductor market.
• Strategic collaboration with TSMC, a leading customer, supports ASM's growth in the semiconductor sector.
• Government initiatives, including a $100 million investment in Arizona's semiconductor industry, may foster business opportunities.

Negative

• None.

Phoenix, The U.S.
December 8, 2022

ASM International N.V. (Euronext Amsterdam: ASM): ASM’s CEO Benjamin Loh and CTO Hichem M’Saad attended TSMC’s first tool-in ceremony of TSMC’s new fab in Phoenix on December 6, 2022.

Arizona’s Governor-elect Katie Hobbs, who visited ASM America on December 5, and President Joe Biden have been meeting with semiconductor companies in the Phoenix area this week. Phoenix has been home to ASM America’s headquarters since 1976, with over 750 employees and a key R&D center critical to ASM’s leading ALD (atomic layer deposition) and epitaxy technologies.    

These official visits happened on the heels of landmark measures by the US government to support the semiconductor industry, passed at both the state and national level. In early November, Arizona announced a historic $100 million investment in the state’s semiconductor industry. In August, President Biden signed the $52 billion CHIPS and Science Act into law.

For more than 50 years, ASM has been driving innovation, supporting the world’s top semiconductor manufacturers with their relentless push for more powerful and power-efficient semiconductors. One of ASM’s leading customers, TSMC held an event on December 6 to celebrate TSMC’s milestone of the first batch of state-of-the-art semiconductor manufacturing equipment to arrive in its new fab in Phoenix. TSMC Arizona, targeted by TSMC to comprise two leading-end fabs in the next years with an overall investment of $40 billion, is located just 30 miles from ASM’s facility in Phoenix.  

President Biden attended TSMC’s new fab ceremony and highlighted in his speech the contribution of TSMC Arizona to a stronger semiconductor supply chain in the US and a vibrant industry ecosystem in Arizona. Several tech industry leaders and suppliers of TSMC were invited, including ASM, represented by its CEO Benjamin Loh and CTO Hichem M’Saad, to celebrate TSMC’s new fab milestone. The event included a first tool-in ceremony in which ASM participated with its first ALD tool shipment that was delivered to TSMC Arizona in November 2022.
                                                                                                                                   
About ASM International

ASM International N.V., headquartered in Almere, the Netherlands, and its subsidiaries design and manufacture equipment and process solutions to produce semiconductor devices for wafer processing, and have facilities in the United States, Europe, and Asia. ASM International's common stock trades on the Euronext Amsterdam Stock Exchange (symbol ASM). For more information, visit ASM's website at www.asm.com

Cautionary Note Regarding Forward-Looking Statements: All matters discussed in this press release, except for any historical data, are forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These include, but are not limited to, economic conditions and trends in the semiconductor industry generally and the timing of the industry cycles specifically, currency fluctuations, corporate transactions, financing and liquidity matters, the success of restructurings, the timing of significant orders, market acceptance of new products, competitive factors, litigation involving intellectual property, shareholders or other issues, commercial and economic disruption due to natural disasters, terrorist activity, armed conflict or political instability, changes in import/export regulations, epidemics and other risks indicated in the Company's reports and financial statements. The Company assumes no obligation nor intends to update or revise any forward-looking statements to reflect future developments or circumstances.

CONTACT

Investor and media contact:
Victor Bareño
T: +31 88 100 8500
E: investor.relations@asm.com

Attachment

• 20221208 - ASM ATTENDED TSMC ARIZONA FIRST TOOL-IN CEREMONY

FAQ

What event did ASM International attend on December 6, 2022?

ASM International attended TSMC's first tool-in ceremony at its new fab in Phoenix.

What is the significance of TSMC's new fab in Phoenix for ASM International?

TSMC's new fab represents a strategic collaboration opportunity for ASM, enhancing its position in the semiconductor industry.

What financial support has Arizona provided to the semiconductor industry?

Arizona announced a historic $100 million investment to support its semiconductor industry.

How does the CHIPS and Science Act impact ASM International?

The CHIPS and Science Act, signed for $52 billion, aims to boost the semiconductor sector, potentially benefiting ASM's business.

Who represented ASM International at the TSMC event?

ASM's CEO Benjamin Loh and CTO Hichem M'Saad represented the company at TSMC's tool-in ceremony.