ESML hikes 2026 sales outlook amid AI growth

Dutch company ASM International expects its sales for 2026 to surpass previous forecasts, estimating between 14.2 billion and 15.2 billion euros, driven by rising demand supported by artificial intelligence for electronic chip manufacturing equipment. The company is currently unable to meet the demand in 2027 and 2028 and is exploring ways to expand its production capacity, with projections of a 30% increase in output in 2027 and an additional 30% in 2028. The strong demand also includes future orders through 2029 and 2030, as AI applications continue to expand in the chip manufacturing sector.

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