Overview
- ASM reported record second-quarter revenue of €1,003 million with a 51.9% gross margin and a 33.0% adjusted operating margin, beating analyst estimates.
- The company set Q3 2026 revenue guidance at €1,100 million plus or minus 5% and said second-half revenue should rise more than 20% versus the first half.
- ASM cited continued investment in AI infrastructure as the main demand driver for its ALD, Epi and single-wafer CVD tools used by leading foundries and memory makers.
- The board announced a planned CFO succession: Chris Figee is expected to join on December 1, 2026 and be nominated for CFO subject to shareholder approval, with the current CFO remaining in an advisory role.
- Management will provide more detail on orders, geographic mix and the scope of the 2027 upgrade during a July 29 investor call, and it warned that timing of orders, currency and industry cycles remain material risks.