0928 GMT - ASM International has limited visibility into the second half of the year amid uncertainty in the semiconductor market, Jefferies analysts write in a note to clients. The Dutch supplier of semiconductor tools confirmed its sales guidance for the year, but cautioned it is too early to provide a more specific outlook due to uncertainty in demand for some end-markets and U.S. export controls for chip-making equipment to China. The analysts note that weak demand for chip-making equipment in China weighed on the company's order intake for the fourth quarter of 2024. ASM International shares trade 2.1% lower at 539.00 euros. (mauro.orru@wsj.com)
(END) Dow Jones Newswires
February 26, 2025 04:28 ET (09:28 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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.