Welcome to our dedicated page for ASM INTL NV NY REG SHS news (Ticker: ASMIY), a resource for investors and traders seeking the latest updates and insights on ASM INTL NV NY REG SHS stock.
ASM International NV is a leading supplier of semiconductor equipment and solutions. The company's core business involves the design, manufacture, and sale of wafer processing equipment for the semiconductor industry worldwide. With a strong focus on innovation and quality, ASM International NV has achieved double-digit full-year revenue growth, outperforming the market in 2023. The company recently announced the expansion of its operations in the U.S. and a share buyback program, demonstrating its commitment to driving shareholder value. ASM International NV is poised for continued success and growth in the semiconductor industry.
Rhea-AI Summary
ASM International N.V. announces CEO Benjamin Loh's retirement and succession by Hichem M’Saad at the AGM on May 13, 2024. Under Loh's leadership, ASM's revenue doubled, market capitalization tripled, and key acquisitions were made. Hichem M’Saad, ASM's current CTO, will take over as CEO and Chairman of the Management Board.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.74%
Tags
-
Rhea-AI Summary
ASM International N.V. (ASMIY) is set to report its fourth quarter 2023 financial results on February 27, 2024, with a conference call and webcast scheduled for the following day. Participants can pre-register for the call to receive necessary access details. A simultaneous audio webcast and replay will also be available.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.71%
Tags
-
Rhea-AI Summary
ASM International N.V. (Euronext Amsterdam: ASM) has announced the nomination of Tania Micki for appointment to its Supervisory Board. Ms. Micki brings over 20 years of experience in finance leadership roles with international innovative companies and is currently the CFO and member of the Management Board of Tecan, a leading provider of laboratory automation products and solutions for life science research, diagnostics, and the medical market. The nomination will be submitted to the Annual General Meeting in May 2024, following the resignation of Supervisory Board member Ms. Monica de Virgiliis. Tania Micki's appointment is expected to bring valuable insights and make an important contribution to ASM's Supervisory Board and the company as a whole.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.9%
Tags
Rhea-AI Summary
ASM International N.V. (Euronext Amsterdam: ASM) plans a $300 million investment in a new North American expansion in Scottsdale, Arizona, to cater to growing demand for R&D in the semiconductor industry. The 250,000 square feet headquarters will create over 500 new jobs and focus on technology development, research, design, engineering, and pilot manufacturing capacities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
Tags
-
Rhea-AI Summary
ASM International N.V. is teaming up with Schneider Electric as a founding sponsor of the Catalyze program, which aims to accelerate the adoption of renewable electricity in the semiconductor industry. The program will focus on enabling suppliers with limited access to renewable energy and will facilitate joint long-term sourcing agreements. ASM's participation aligns with its sustainability efforts and its net-zero 2035 target.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
Tags
-
Rhea-AI Summary
ASM International N.V. reports Q3 2023 operating results, with new orders flat and revenue growth of 9% YoY. Normalized net earnings decrease to €139 million. The company expects an operating margin of at least 26% for FY 2023. Despite soft market conditions, ASM remains committed to transition to gate-all-around (GAA) technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.82%
Tags
Rhea-AI Summary
ASM International N.V. will report Q3 2023 financial results on October 24, 2023, and host an earnings conference call on October 25, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.97%
Tags
-
Rhea-AI Summary
ASM International N.V. increases revenue target for 2025 to €3.0-€3.6 billion, with further growth to €4.0-€5.0 billion by 2027. Gross margin of 46%-50% and operating margin of 26%-31% reiterated. Single-wafer ALD market forecasted to reach $3.1-3.7 billion by 2025, with expected growth to $4.2-5.0 billion by 2027. Si Epi market forecast increased to $1.9-2.3 billion by 2025. Q3 2023 guidance reiterated with sales in range of €580-€620 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
Tags
-
Rhea-AI Summary
ASM International N.V. completes €100 million share buyback program
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.05%
Tags
Rhea-AI Summary
ASM International N.V. reports repurchasing 50,304 shares at an average price of €405.65, totaling €20,405,668 under their share buyback program. 85.6% of the €100 million program has been repurchased.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
Tags
FAQ
What is the current stock price of ASM INTL NV NY REG SHS (ASMIY)?
The current stock price of ASM INTL NV NY REG SHS (ASMIY) is $583.36 as of December 20, 2024.
What is the market cap of ASM INTL NV NY REG SHS (ASMIY)?
The market cap of ASM INTL NV NY REG SHS (ASMIY) is approximately 26.8B.
What is ASM International NV known for?
ASM International NV is a leading supplier of semiconductor equipment and solutions, specializing in wafer processing equipment for the semiconductor industry.
What recent achievements has ASM International NV reported?
ASM International NV achieved double-digit full-year revenue growth in 2023, outperforming the market.
What expansion plans has ASM International NV announced?
ASM International NV recently announced a €300M expansion of its U.S. operations in Scottsdale, Arizona.
What shareholder value initiatives has ASM International NV undertaken?
ASM International NV has implemented a share buyback program, demonstrating its commitment to enhancing shareholder value.
Who will succeed Benjamin Loh as CEO of ASM International NV?
Hichem M’Saad will succeed Benjamin Loh as the new CEO of ASM International NV.
When will the 2024 Annual General Meeting of ASM International NV be held?
The 2024 Annual General Meeting of ASM International NV will be held on May 13, 2024, in Almere.
Where can I access the AGM documents for ASM International NV?
You can find the AGM documents on the company's website for more detailed information.
What are the key financial highlights of ASM International NV's Q1 2024 results?
ASM International NV's Q1 2024 results included orders supported by GAA and HBM, with adjusted figures as non-IFRS performance measures.
What is ASM International NV's focus for the future?
ASM International NV is poised for continued success and growth in the semiconductor industry, with a strong focus on innovation and quality.
How can I participate in ASM International NV's quarterly earnings conference call?
You can access a simultaneous audio webcast and replay of the earnings conference call on the company's website.
Who should I contact for investor and media relations at ASM International NV?
You can contact Victor Bareño or Valentina Fantigrossi for investor and media relations at ASM International NV.
ASM INTL NV NY REG SHS
OTC:ASMIY
ASMIY Rankings
ASMIY Stock Data
26.81B
48.63M
1.04%
Semiconductor Equipment & Materials
Technology
United States of America
Almere