Finance
Asm International Forecasts Second-Quarter Revenue That Beats Estimates
Published by Global Banking & Finance Review®
Posted on April 21, 2026
2 min readLast updated: April 21, 2026
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ASM International forecast Q2 2026 revenue of roughly €980 million (+/‑5 %)—well above LSEG consensus of €883.9 million—after Q1 beat expectations at €863 million. Robust AI‑led demand, pilot‑line investment in 1.4 nm, and record margins underpin optimism.
ASM International Surpasses Estimates with Strong Q2 Revenue Forecast
ASM International's Q2 Revenue Guidance and Market Impact
By Nathan Vifflin and Ozan Ergenay
Q2 Revenue Forecast Exceeds Expectations
April 21 (Reuters) - Computer chip equipment maker ASM International on Tuesday forecast stronger second-quarter revenue guidance than markets expected, after a first-quarter report above expectations.
Europe's second-largest maker of chipmaking tools forecast second-quarter revenue at around 980 million euros ($1.15 billion), against LSEG data estimates of 883.9 million euros. First-quarter revenue reached 862.5 million euros versus the 828.5 million euros analysts expected.
Analyst Reactions and Market Sentiment
Analysts said the forecast, published after the European market close, was strong enough to take the focus from a decision to stop publishing keenly watched new order figures on the grounds they are too volatile.
"With a beat in guidance like this, we couldn't care less about no longer providing bookings numbers," Degroof Petercam analyst Michael Roeg said in an email.
Industry Context and Competitive Landscape
ASML's Guidance and Sector Trends
Sector major ASML last week also raised its 2026 guidance as demand for artificial intelligence capacity appears resilient despite the economic disruption of the Middle Eastern war.
ASM's Strategic Focus on Advanced Technology
Investments in Next-Generation Chips
ASM's Chief Executive Hichem M'Saad said in a statement customers were not only investing in the most advanced technology available now, but testing production lines for the next generation of more powerful chips. These could be used in Nvidia's and Apple's products.
"Customers are stepping up spending at today's leading-edge nodes, in addition to pilot-line investments for the 1.4nm node which are expected to start in the second half of the year," he said.
Exchange Rate Information
($1 = 0.8513 euros)
(Reporting by Nathan Vifflin and Ozan Ergenay in Gdansk; Editing by Jon Boyle, Chris Reese and Barbara Lewis)
Key Takeaways
- •ASM’s Q1 2026 revenue hit €863 million, topping the high end of its guidance range and surpassing analyst estimates (~€828–830 million) (globenewswire.com).
- •Q2 2026 revenue is projected at €980 million ±5 %, significantly above consensus (~€884 million), reinforcing confidence despite discontinuing new order disclosures (globenewswire.com).
- •Strong demand driven by AI infrastructure expansion and early 1.4 nm node pilot‑line investments signal sustained momentum; plus record operating margin of 33.1 % in Q1 (globenewswire.com).
References
Frequently Asked Questions about ASM International forecasts second-quarter revenue that beats estimates
1How did ASM International's Q1 revenue compare to expectations?
ASM International reported Q1 revenue of 862.5 million euros, exceeding analyst projections of 828.5 million euros.
2Why did ASM International stop publishing new order figures?
ASM International decided to stop publishing new order figures citing their high volatility.
3What technology investments are ASM International's customers making?
Customers are investing in advanced technology and pilot-line investments for the 1.4nm node expected later this year.
4Which products could use ASM International’s next-generation chips?
The next-generation chips could be used in products by companies like Nvidia and Apple.
