1054 GMT - ASM International's long-term guidance reinforces its position as an industry outperformer for many years to come, ING analyst Marc Hesselink writes in a note. Despite a near-term setback, ING expects 2027 estimates to remain largely unchanged. The Dutch supplier of semiconductor-making equipment revised its full-year revenue forecast downward, citing weaker-than-expected demand in the fourth quarter. However, visibility into ASM's outperformance remains strong, supported by technology developments, Hesselink says. Shares are up 1.7% at 508.60 euros. (najat.kantouar@wsj.com)
(END) Dow Jones Newswires
September 24, 2025 06:54 ET (10:54 GMT)
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