Publication date: November 20, 2024
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- Year of incorporation: 1968
- Year added to the AEX: 1997
- Highest price ever: €748.00 on July 11, 2024
- Average trading volume: Approximately 131,000 shares per day
- Performance for the past 12 months: + 7.71%
Introduction about the company
ASM International N.V. (ASMI) is a leading global supplier of equipment for the semiconductor industry. The company focuses on the production of advanced equipment used in chip manufacturing, particularly in the processes of deposition and epistaxis. ASM International is headquartered in Almere, the Netherlands, and operates worldwide with operations and customers in Asia, the United States, and Europe. ASMI is listed on Euronext Amsterdam under the symbol ASM and is known for its innovative technology and strong position in the fast-growing semiconductor sector.
Core figures & performance
In 2023, ASM International reported record revenue of €2.63 billion, up 9.1% from the previous year. The company posted a net profit of €870 million, supported by strong demand for its Atomic Layer Deposition (ALD) technology. ASMI has a market capitalization of €24.55 billion and has rewarded shareholders with a dividend of €3.00 per share in 2023. Thanks to its focus on advanced technologies and strategic investments, ASMI has maintained a strong financial position.
History & development
ASM International was founded in 1968 by Dutch entrepreneur Arthur del Prado. The company began as a small supplier of semiconductor equipment and grew into one of the major players in the industry. An important milestone in ASMI's history was the development and commercialization of ALD technology, which now plays a key role in the production of advanced chips.
In recent decades, ASMI has expanded its operations through collaborations and joint ventures with Asian partners, such as ASM Pacific Technology. The company has also invested heavily in research and development, strengthening its competitive position in the market.
Industry & competition
ASM International operates within the global semiconductor sector, a dynamic and fast-growing industry driven by trends such as 5G, artificial intelligence, and electrification. ASMI competes with other major semiconductor equipment suppliers, including Applied Materials, Lam Research, and Tokyo Electron. The industry is characterized by technological innovation and cyclical demand, with ASMI in a strong position thanks to its advanced technology and specialized focus on ALD.
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Influence of ASMI on the AEX
ASM International is one of the leading technology companies in the AEX, with a weighting of about 4.2% (measured in 2024). The stock plays a significant role in technology representation within the index. ASMI's share price is sensitive to global developments in the semiconductor industry and macroeconomic factors such as demand for electronics and geopolitical tensions.
Investment analysis & outlook
ASM International is viewed by analysts as an attractive investment, thanks to its strong technological edge and strategic positioning in growth markets. The outlook for ASMI remains positive, supported by global demand for chips and growth in sectors such as data centers, electric vehicles, and 5G infrastructure. Potential risks include the high reliance on cyclical demand and geopolitical uncertainties in Asia.
Below you can track ASMI's share price performance compared to the AEX over the past 5 years. This shows that ASMI has shown strong growth performance, with higher volatility typical of technology companies.
News & updates
Recently, ASM International announced it is further expanding its manufacturing capacity in Asia with new facilities in South Korea and Taiwan. In addition, the company is investing heavily in next-generation technologies, including new ALD and epitaxy applications. ASMI remains a leader in innovation and has announced its focus on further increasing its market share in advanced semiconductor manufacturing.
For more information on ASM International's performance and strategic plans, please visit its official website: ASMI.com.