ASM International reports Q3 bookings below market estimates

Core Viewpoint - ASM International reported third-quarter bookings that fell below market expectations, primarily due to a significant decline in orders from Chinese chipmakers [1] Company Summary - ASM International is a manufacturer of computer chip equipment [1] - The company experienced a larger-than-expected drop in orders, particularly from the Chinese market [1] Industry Summary - The semiconductor industry is facing challenges, particularly with demand from Chinese chipmakers decreasing [1]