ASM International's Performance Likely to Prompt Consensus Upgrade -- Market Talk

Dow Jones04-22

0704 GMT - ASM International's results and near-term outlook should drive a consensus upgrade, Citi analysts Andrew M. Gardiner and Daniel Schafei write in a note. The Dutch chip maker logged higher first-quarter revenue, exceeding market expectations by 3%, while its outlook for the second quarter was well above consensus by 10%, they say. The analysts expect consensus earnings for 2026 to rise at least 10% as demand for artificial intelligence is greater than anticipated. Shares closed at 782 euros on Tuesday. ( najat.kantouar@wsj.com)

(END) Dow Jones Newswires

ASM International is a chip-equipment maker. "ASM International's Performance Likely to Prompt Consensus Upgrade -- Market Talk," at 0704 GMT, incorrectly said the company is a chip maker.

(END) Dow Jones Newswires

April 22, 2026 05:07 ET (09:07 GMT)

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