The US ITC has officially launched a Section 337 investigation into non-volatile memory and dynamic random access memory chips, with companies such as Kioxia and SK Hynix listed as respondents.
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ASM's Q3 revenue reached 1.16 billion euros, up 44% year-on-year, and net profit was 310 million euros. Both figures exceeded market expectations. The company raised its 2027 revenue target by approximately 24% to over 5.7 billion euros, compared with the previous forecast in July of over 4.6 billion euros. ASM also announced a share buyback plan of up to 300 million euros. The CEO stated that market demand is very strong and customers are accelerating capacity expansion. ASM ADR surged by 7%.
