1117 GMT - ASM International is expected to report a substantial expansion of its operating margin over the medium term, Citi analysts write in a note to investors. They attribute this to the industry shift to gate-all-around transistors that provide better electrical signals and improved chip performance than traditional versions. The Dutch supplier of semiconductor tools should reach an operating margin of about 32% by 2027, the analysts estimate, above consensus at 30.5%. ASM International shares trade 0.8% higher at 599.20 euros. (mauro.orru@wsj.com)
(END) Dow Jones Newswires
January 15, 2025 06:17 ET (11:17 GMT)
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