ASM International Will Continue to Grow Amid Chip Transition -- Market Talk

Dow Jones07-03

1054 GMT - ASM International will continue to benefit from the industry shift to gate-all-around transistors from field-effect transistors, a development that should translate into further growth for the Dutch company, Stifel analysts write in a research note as they initiate coverage of the stock with a buy rating and an EUR800.00 price target. ASM International makes equipment, mostly for the deposition of thin films, that chip makers need to produce semiconductors. The analysts say it is almost impossible for companies not to do business with ASM, noting that a quasi-monopoly that is expected to benefit from trends in transistor design only comes with a premium valuation. ASM International shares trade 2.9% higher at EUR728.20. (mauro.orru@wsj.com)

(END) Dow Jones Newswires

July 03, 2024 06:56 ET (10:56 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2448523103?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-07-03 18:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2448523103","market":"nz","top_or_hot":-1,"title":"ASM International Will Continue to Grow Amid Chip Transition -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1054 GMT - ASM International will continue to benefit from the industry shift to gate-all-around transistors from field-effect transistors, a development that should translate into further growth for the Dutch company, Stifel analysts write in a research note as they initiate coverage of the stock with a buy rating and an EUR800.00 price target. ASM International makes equipment, mostly for the deposition of thin films, that chip makers need to produce semiconductors. The analysts say it is almost impossible for companies not to do business with ASM, noting that a quasi-monopoly that is expected to benefit from trends in transistor design only comes with a premium valuation. ASM International shares trade 2.9% higher at EUR728.20. (mauro.orru@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 03, 2024 06:56 ET (10:56 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ASM International Will Continue to Grow Amid Chip Transition -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nASM International Will Continue to Grow Amid Chip Transition -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-03 18:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>1054 GMT - ASM International will continue to benefit from the industry shift to gate-all-around transistors from field-effect transistors, a development that should translate into further growth for ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4147","symbol_name":"半导体设备","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2448523103","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2448523103","pubTimestamp":1720004160,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1054 GMT - ASM International will continue to benefit from the industry shift to gate-all-around transistors from field-effect transistors, a development that should translate into further growth for the Dutch company, Stifel analysts write in a research note as they initiate coverage of the stock with a buy rating and an EUR800.00 price target. ASM International makes equipment, mostly for the deposition of thin films, that chip makers need to produce semiconductors. The analysts say it is almost impossible for companies not to do business with ASM, noting that a quasi-monopoly that is expected to benefit from trends in transistor design only comes with a premium valuation. ASM International shares trade 2.9% higher at EUR728.20. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4147":"半导体设备","BK4188":"贵重金属与矿石","ASM":"Avino Silver & Gold Mines","ASMIY":"ASM International N.V."},"translate_title":"ASM International将在芯片转型中继续增长——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ASM":1,"ASMIY":0.9},"content_text":"1054 GMT - ASM International will continue to benefit from the industry shift to gate-all-around transistors from field-effect transistors, a development that should translate into further growth for the Dutch company, Stifel analysts write in a research note as they initiate coverage of the stock with a buy rating and an EUR800.00 price target. ASM International makes equipment, mostly for the deposition of thin films, that chip makers need to produce semiconductors. The analysts say it is almost impossible for companies not to do business with ASM, noting that a quasi-monopoly that is expected to benefit from trends in transistor design only comes with a premium valuation. ASM International shares trade 2.9% higher at EUR728.20. (mauro.orru@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 03, 2024 06:56 ET (10:56 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.1","shortVersion":"4.28.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2448523103"}