ASM International, a Netherlands-based manufacturer of equipment for making chips, said last Tuesday, April 29, that it expects annual sales to grow in a double-digit percentage range at constant currencies, despite increasing macroeconomic uncertainty amid global trade tensions.
The mentioned company predicts that its sales will increase by 10%-20% in 2025. In the first quarter of the current year, the volume of orders received by the Dutch equipment manufacturer in financial terms reached 834.2 million euros ($950.99 million). It is worth noting that for the same period of 2024, the mentioned figure was 697.9 million euros. The result for the first quarter of 2025 was largely driven by demand in the Chinese market.
In an official statement, the company noted that it has reasonable visibility that the brand will achieve the lower end of the range, achieving the higher end will require some upside opportunities to materialize, which at this point is still uncertain.
The firm’s chief executive officer Hichem M’Saad stated that for 2025, the gross margin is expected to be in the upper half of the target range of 46%-50%. He also noted that this excludes any potential tariff impact, which is currently difficult to predict.
The company said that global trade tensions and the announcements of reciprocal levies have increased macroeconomic uncertainty, and it is too early to know the effect of this situation on gross domestic product (GDP) and the semiconductor market.
ASM’s customers, such as chipmaker TSMC, leverage its equipment to enable the next generation of artificial intelligence chips and have seen a sustained boom in demand.
The company expects its sales to increase by 1%-6% in the second quarter of 2025 at constant currency. In the first quarter, the corresponding figure was 839.2 million euros.
As we have reported earlier, ASML CEO Says World Needs Legacy China’s Chips.
