Report
Stephane Houri ...
  • Wim Gille

ASM International N.V : A solid roadmap out to 2025, driven by Gate All Around – target price raised to € 480 (vs € 450)

>Outperform rating confirmed after CMD, ASMi is clearly a structural growth stock now - ASMi yesterday held its first CMD, outlining a complete financial model for 2025 that beat expectations To sum up, the group clearly detailed its growth opportunities in ALD and in epitaxy. These two product lines benefit from ongoing reductions in the etching nodes (below 7nm), accentuated by the transition to Gate All Around (GAA) architecture, the successor to FinFet, which the ...
Underlying
ASM International N.V.

ASM International is an equipment supplier mainly to the semiconductor manufacturing industry. Co. designs, manufactures and sells equipment and services to its customers for the production of semiconductor devices, or integrated circuits. Co.'s front-end segment manufactures and sells equipment used in wafer processing, encompassing the fabrication steps in which silicon wafers are layered with semiconductor devices. Co.'s back-end segment manufactures and sells equipment and materials used in assembly and packaging, encompassing the processes in which silicon wafers are separated into individual circuits and subsequently assembled, packaged and tested.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Stephane Houri

Wim Gille

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