Dec 4 (Reuters) - Dutch semiconductor company ASM International NV said on Wednesday that preliminary analysis shows new U.S. export controls are largely in line with its earlier stated outlook.
The U.S. government announced updated export regulations on Dec. 2, 2024, including new restrictions on semiconductor equipment applications to China.
Despite this, ASM reaffirmed its 2025 revenue target of 3.2 billion to 3.6 billion euros ($3.37-$3.79 billion).
($1 = 0.9508 euros)
(Reporting by Leo Marchandon, Editing by Louise Heavens)
((Leo.Marchandon@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.