ASM International Investor Day Summary Company Overview - **Company**: ASM International (OTCPK: ASMI.Y) - **Event**: 2025 Investor Day held on September 23, 2025 Key Industry Insights - **Semiconductor Market Growth**: The semiconductor market is projected to reach $1 trillion by 2030, driven by leading-edge logic and DRAM technology [92] - **ALD and Epitaxy Growth**: The ALD (Atomic Layer Deposition) market is expected to outgrow the wafer fabrication equipment (WFE) market, with projections of reaching $5.1 billion to $6.1 billion by 2030, reflecting a CAGR of 9% to 13% [93] - **Epitaxy Market**: The epitaxy market is also anticipated to grow significantly, with projections of $2.5 billion to $3.2 billion by 2030, also with a CAGR of 9% to 13% [94] Company Strategy and Performance - **Growth Strategy**: ASM has successfully delivered on strategic objectives set in 2021, outgrowing the WFE market and expanding its ALD and Epitaxy market share [12][13] - **ALD Market Share**: ASM has increased its ALD market share to over 55%, benefiting from the transition from FinFET to Gate All Around technology [17] - **Epitaxy Market Share**: The company has grown its epitaxy market share from 12% in 2020 to 25% in 2024 [19] - **Spares and Services Revenue**: ASM has doubled its spares revenue from €277 million in 2020 to €547 million in 2024, achieving a 19% CAGR [24] Technological Innovations - **AI and ML Integration**: ASM is leveraging AI and machine learning to enhance innovation speed for customers and improve high-volume manufacturing (HVM) processes [14][47] - **Advanced Packaging**: The company sees advanced packaging as a mid-term growth area, utilizing its chemistry and surface knowledge developed over the years [14][96] - **Sustainability Initiatives**: ASM has integrated sustainability into its operations, achieving 100% renewable energy usage in 2024 and receiving recognition for its sustainability efforts [30][28] Financial Targets - **2030 Revenue Target**: ASM aims for a revenue target of greater than €5.7 billion with an operating margin of 30% and free cash flow exceeding €1 billion by 2030 [17][89] - **Operational Efficiency**: The company is focused on improving operational efficiency through upgraded ERP and PLM systems [15] Market Trends and Future Outlook - **High-Performance Computing**: The market is shifting towards high-performance computing driven by AI, with significant growth expected in logic and memory technologies [58][92] - **Device Scaling**: The transition to 3D structures and advanced materials is becoming critical for performance improvements in semiconductor devices [59][100] - **Advanced Packaging Growth**: The advanced packaging market is projected to double from CHF 5.6 billion to CHF 11.5 billion by 2030, with a CAGR of 15% [76] Conclusion ASM International is well-positioned to capitalize on the growth opportunities in the semiconductor industry, particularly in ALD and epitaxy technologies, while maintaining a strong focus on sustainability and operational efficiency. The company's strategic objectives and technological innovations are aligned with the evolving market trends, setting a solid foundation for future growth.

Group 1 - Kulicke and Soffa Industries (NASDAQ: KLIC) has experienced a significant stock rally after reaching a multi-year low [1] Group 2 - The company supplies equipment and solutions for the semiconductor and LED industries [1]

Table of contents Hichem M'Saad CEO Vamsi Paruchuri Corporate VP, Technology Innovation and Market Research Enabling customers with Angstrom precision through service innovation and automation From layers to landscape: Opportunities and growth through technology inflections Atoms to action: Our growth strategy to 2030 Page 4 Page 44 Page 70 Jason Foster Corporate VP, Spares and Service Business Unit, Global Quality and Technical Training Investor Day 2025 We explore atoms, so others can explore space Index ...

Core Viewpoint - ASML's stock has risen nearly 25% in the last month, recovering from a decline after its Q2 earnings report, which raised concerns about demand for 2026 [2] Group 1: Company Overview - ASML is a leading company in the semiconductor equipment sector, specializing in manufacturing advanced tools, particularly extreme ultraviolet (EUV) lithography machines, essential for producing cutting-edge chips [3] - The company's technology is crucial for maintaining Moore's Law, allowing for increased transistor density and enhanced computing capabilities [3] Group 2: Market Dynamics - A recent U.S.-EU trade agreement exempted semiconductor production equipment from tariffs, alleviating concerns for ASML's stock [4] - Investment in AI is driving robust demand for high-performance semiconductors, with major companies like Nvidia and Broadcom experiencing significant growth [5] - ASML's largest customer, TSMC, reported a 37% year-over-year revenue increase through August 2025, driven by advanced nodes like 3nm and 5nm [5] Group 3: Financial Performance - ASML's stock is currently trading at 36 times projected FY2025 earnings, with revenues expected to grow by 14% this year [6] - The company recorded net bookings of €5.5 billion ($6.4 billion), exceeding expectations by approximately 25%, and has a historic backlog of €33 billion ($38 billion) [6] - Current orders reflect strong customer confidence, with lead times of 12 to 18 months, suggesting favorable prospects for future revenue growth [6]

Core Viewpoint - ASM International's shares declined following a revision of its full-year forecast due to weaker-than-expected demand in the final months of the year [1] Company Summary - ASM International, a Dutch supplier of semiconductor-manufacturing equipment, has adjusted its financial outlook for the year [1] - The company cited a decrease in demand as the primary reason for the forecast revision [1] Industry Summary - The semiconductor manufacturing sector is experiencing fluctuations in demand, impacting suppliers like ASM International [1] - The revision in ASM International's forecast may indicate broader trends within the semiconductor industry, reflecting potential challenges ahead [1]

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Group 1 - ASM International has reduced its revenue target for the second half of 2025 [1] - The announcement comes ahead of the company's investor day scheduled for Tuesday [1]

Almere, The Netherlands September 23, 2025, 7:45 a.m. CET ASM International N.V. (Euronext Amsterdam: ASM) today hosts its 2025 Investor Day in London. In today’s presentations, Hichem M’Saad, CEO, and Paul Verhagen, CFO, together with other senior leaders, will provide updates on our business, financial performance, and market outlook, and lay out our strategic priorities through 2030. Hichem M’Saad, CEO of ASM, said: “The semiconductor market is on track to reach US$1 trillion by the end of the decade, d ...

Group 1 - ASML Holding N.V. has been upgraded by Morgan Stanley to "Overweight" from "Equal Weight" with a price target of €950, indicating early signs of improvement for the company [1][2] - Earnings forecasts for ASML have been significantly revised downwards since peaking in July 2024, with a notable impact on the share price, which has decreased by 45% from peak to trough [1] - The upgrade reflects expectations of positive earnings revisions and a cyclical recovery, with FY27 estimated EPS potentially reaching €33, which is 8% above consensus [2] Group 2 - Order momentum for ASML is expected to build before the end of 2025, with deliveries anticipated in late 2026 and 2027 [2] - Despite a recent rally in share price, it is believed that the current valuation still reflects challenges such as flat layer count, weak performance in China, and minimal sales from major clients like Intel and Samsung [2]

Core Insights - Huahai Qingke's stock price increased by 0.45% on September 22, with a trading volume of 1.408 billion yuan [1] - The company achieved a financing buy amount of 200 million yuan and a net financing purchase of 42.236 million yuan on the same day [1] - As of September 22, the total margin balance for Huahai Qingke was 1.353 billion yuan, with a financing balance of 1.348 billion yuan, representing 2.90% of its market capitalization [1] Financing and Margin Trading - On September 22, Huahai Qingke's financing buy was 200 million yuan, with a financing repayment of 157 million yuan [1] - The financing balance is at a high level, exceeding the 90th percentile of the past year [1] - The company had a margin sell of 2,200 shares and a margin repayment of 1,973 shares, with a margin balance of 5.5374 million yuan, which is below the 40th percentile of the past year [1] Company Performance - As of June 30, Huahai Qingke had 13,600 shareholders, a decrease of 10% from the previous period [2] - The average circulating shares per person increased by 54.75% to 17,452 shares [2] - For the first half of 2025, the company reported a revenue of 1.95 billion yuan, a year-on-year increase of 30.28%, and a net profit of 505 million yuan, up 16.82% year-on-year [2] Shareholder Structure - As of June 30, 2025, Huahai Qingke's top ten circulating shareholders included several ETFs, with Huaxia's ETF holding 8.9168 million shares, an increase of 904,700 shares [2] - E Fund's ETF held 6.8629 million shares, up by 1,149,700 shares [2] - The company has distributed a total of 271 million yuan in dividends since its A-share listing [2]