--- title: ASM lifts its 2027 sales forecast by a quarter as AI... description: ASM International raised its 2027 revenue forecast to more than €5.7B, up from above €4.6B, as memory and AI chipmakers expand. That puts its 2030 sales target... canonical: https://daily.dev/posts/asm-lifts-its-2027-sales-forecast-by-a-quarter-as-ai-chipmakers-spend-5x3b5ci2e twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: ASM lifts its 2027 sales forecast by a quarter as AI chipmakers spend | daily.dev og:description: ASM International raised its 2027 revenue forecast to more than €5.7B, up from above €4.6B, as memory and AI chipmakers expand. That puts its 2030 sales target... og:url: https://daily.dev/posts/asm-lifts-its-2027-sales-forecast-by-a-quarter-as-ai-chipmakers-spend-5x3b5ci2e og:image: https://api.daily.dev/og/posts/5x3B5Ci2E.png og:image:alt: ASM lifts its 2027 sales forecast by a quarter as AI chipmakers spend og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # ASM lifts its 2027 sales forecast by a quarter as AI chipmakers spend **[The Next Web](https://daily.dev/sources/tnw)** · 2 min read · 0 upvotes · 0 comments ## Summary ASM International raised its 2027 revenue forecast to more than €5.7B, up from above €4.6B, as memory and AI chipmakers expand. That puts its 2030 sales target on track three years early. Third-quarter revenue rose 44% to a record €1.16B, though net income fell to €308.1M. ASM also plans to buy back up to €300M of its shares. CEO Hichem M'Saad said capacity remains tight across its customer base. Customers include TSMC and Intel, and ASM warned its own supply chain is 'stretched.' ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### Why did ASM International raise its 2027 sales forecast? ASM International raised its 2027 revenue forecast to more than €5.7 billion, up from above €4.6 billion, because memory makers and AI chipmakers are expanding capacity and driving demand for its wafer deposition equipment. The new forecast means ASM reaches its 2030 sales goal three years early. CEO Hichem M'Saad said capacity remains tight across its customer base. _Those tracking AI hardware supply chains can follow chip-equipment demand shifts like this on daily.dev._ ### How much did ASM International's quarterly revenue grow due to AI demand? ASM International's third-quarter revenue rose 44% at constant currencies to a record €1.16 billion, beating analysts' estimates, even as net income fell to €308.1 million. The company also announced a share buyback of up to €300 million. Its US-listed shares rose 6.7% following the announcement. _Engineers evaluating AI infrastructure trends can keep up with chip-tool earnings like this on daily.dev._ ## Similar posts on daily.dev - [ASML says it cannot meet chip tool demand in 2027 or 2028](https://daily.dev/posts/asml-says-it-cannot-meet-chip-tool-demand-in-2027-or-2028-kvxrpn591) · The Next Web · 0 upvotes · 0 comments - [The AI infrastructure boom shows no sign of slowing down](https://daily.dev/posts/the-ai-infrastructure-boom-shows-no-sign-of-slowing-down-ddfu2uj36) · TechCrunch · 0 upvotes · 0 comments - [AI chipmaker Cambricon’s sales miss points to tight chip supply in China](https://daily.dev/posts/ai-chipmaker-cambricon-s-sales-miss-points-to-tight-chip-supply-in-china-zld8ppzef) · The Next Web · 0 upvotes · 0 comments - [Why AMD's Q1 outlook is giving Wall Street jitters](https://daily.dev/posts/why-amd-s-q1-outlook-is-giving-wall-street-jitters-pqna8vdtl) · The Register · 1 upvotes · 0 comments --- Tags: [#ai-infrastructure](https://daily.dev/tags/ai-infrastructure) [View this post on daily.dev](https://daily.dev/posts/asm-lifts-its-2027-sales-forecast-by-a-quarter-as-ai-chipmakers-spend-5x3b5ci2e) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"ASM lifts its 2027 sales forecast by a quarter as AI chipmakers spend","url":"https://daily.dev/posts/asm-lifts-its-2027-sales-forecast-by-a-quarter-as-ai-chipmakers-spend-5x3b5ci2e","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/asm-lifts-its-2027-sales-forecast-by-a-quarter-as-ai-chipmakers-spend-5x3b5ci2e"},"datePublished":"2026-10-27T19:30:00.716Z","dateModified":"2026-10-27T20:01:08.827Z","description":"ASM International raised its 2027 revenue forecast to more than €5.7B, up from above €4.6B, as memory and AI chipmakers expand. 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The new forecast means ASM reaches its 2030 sales goal three years early. CEO Hichem M'Saad said capacity remains tight across its customer base. Those tracking AI hardware supply chains can follow chip-equipment demand shifts like this on daily.dev."}},{"@type":"Question","name":"How much did ASM International's quarterly revenue grow due to AI demand?","acceptedAnswer":{"@type":"Answer","text":"ASM International's third-quarter revenue rose 44% at constant currencies to a record €1.16 billion, beating analysts' estimates, even as net income fell to €308.1 million. The company also announced a share buyback of up to €300 million. Its US-listed shares rose 6.7% following the announcement. Engineers evaluating AI infrastructure trends can keep up with chip-tool earnings like this on daily.dev."}}]} ```