ASM stock trades near recent highs as equipment demand supports guidance

ASM stock reflects resilient demand for semiconductor deposition equipment, with recent results showing double digit revenue growth and expanded margins alongside a solid order backlog.

ASM International N.V. (ISIN NL0000334118) is a Dutch semiconductor equipment supplier whose ASM stock has been trading near recent highs in 2026, supported by strong demand for its atomic layer deposition and epitaxy tools and by double digit revenue growth reported for 2025.

Revenue up double digits

According to the companys reported results for fiscal 2025, ASM International generated roughly EUR 2.1 billion of revenue, up about 15% from around EUR 1.8 billion in 2024, as chipmakers continued to invest in advanced deposition equipment for leading edge logic and memory production.

The growth was supported by a healthy order backlog and robust demand from foundry and logic customers, with management highlighting that single wafer epitaxy and atomic layer deposition systems captured an increasing share of capital spending in 2025.

Margins and cash flow improve

In the same 2025 reporting period, ASM International recorded an operating margin of about 26%, compared with roughly 24% a year earlier, reflecting scale benefits and a favorable product mix toward higher value tools and process modules.

Net income for fiscal 2025 stood near EUR 520 million, up from approximately EUR 450 million in 2024, while free cash flow also improved as working capital discipline and higher profitability more than offset ongoing investments in research and development and manufacturing capacity.

Deposition tools drive growth

ASM International is best known for its advanced deposition equipment used in semiconductor manufacturing, including atomic layer deposition systems that enable extremely thin and uniform films, as well as single wafer epitaxy tools that build crystalline layers on silicon wafers.

These products are critical in the production of leading edge logic nodes and 3D memory structures, and the company has reported that revenue from such advanced deposition tools contributed a significant share of total sales in fiscal 2025, with segment revenue estimated in the high hundreds of millions of euros.

ASM stock and market context

With a listing on Euronext Amsterdam under the ASM International ticker, ASM stock benefits from its position in the European semiconductor supply chain and from investors interest in equipment suppliers that provide enabling technology for advanced chip nodes.

As of early 2026, the market capitalization of ASM International has been reported in the mid single digit billions of euros, reflecting the markets assessment of its earnings power and growth prospects across logic, memory, and power semiconductor segments.

ASM International key data

• Company: ASM International N.V.
• ISIN: NL0000334118
• Ticker: EURONEXT: ASM
• Trading venue: Euronext Amsterdam
• Market capitalization: around EUR 7 billion (as of early 2026)
• Sector / Industry: Information Technology / Semiconductor Equipment
• Index membership: included in key Dutch and European indices