ASM International’s bookings beat market view as China orders rebound

Computer chip equipment maker ASM International on Monday reported preliminary bookings above market expectations for the fourth quarter of 2025, ‌backed by a ‌rebound in orders from China. Europe’s second largest chipmaking equipment manufacturer also hiked ‌its guidance for the first quarter of 2026. It now sees a “healthy” revenue increase on a constant currency basis compared to last quarter, having previously forecast a slow start to the year.

We view this update as highly supportive for sustained growth throughout full-year 2026,” ‌ING…