Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Finance

ASM bookings hit by disappointing China, AI demand

Published by Global Banking and Finance Review

Posted on October 28, 2025

Featured image for article about Finance

(Reuters) -Computer chip equipment maker ASM International reported third-quarter bookings below market expectations on Tuesday, hit by a larger-than-expected drop in orders from Chinese chipmakers

Although ASM reported higher AI-related spend from clients, the rise was less than it had expected.

Bookings, the industry's most closely watched figure, came in at 637 million euros ($743 million) in the third quarter of the year, down 9% on the last quarter and 22% on the same period the year before. That compared with an average 719 millions euros forecast by analysts, according to Visible Alpha.

The Dutch firm in September cut its 2025 revenue forecast anticipating weaker demand as major customers Intel and Samsung face challenges.

"We expect the subdued order trend to bottom out in Q4 at a slightly higher level than Q3. Quarterly orders are projected to pick up again as 2026 progresses", ASM said in a statement.

Bookings fueled by artificial-intelligence related demand were higher than in the last quarter, but did not meet expectations, ASM said.

"China spend weighs more on ASM's margins than AI related demand", analyst Michael Roeg of Degroof Petercam said in an email.

The world's largest chip equipment maker ASML beat orders estimates earlier this month as demand for AI megadeals outweighed a steeper loss in Chinese orders.

($1 = 0.8575 euros)

(Reporting by Nathan Vifflin in Gdansk; Editing by Matt Scuffham)