ASM International’s bookings beat market view as China orders rebound

Jan 19 (Reuters) – Computer chip equipment maker ASM International on Monday ​reported preliminary bookings above market ‌expectations for the fourth quarter of 2025, ‌backed by a rebound in orders from China.

Quarterly order intake grew to about 800 million euros ($930 million), ⁠the Dutch ‌company said in an unscheduled statement, beating analysts’ 669-million-euro forecast, ‍according to a poll by Visible Alpha.

“The stronger-than-expected bookings were driven by a ​rebound in orders from China ‌toward the end of the quarter as well as solid bookings in the advanced logic/foundry segment,” ASM said.

The company’s preliminary revenue was 698 ⁠million euros, also ​topping an LSEG poll ​estimate of 656 million euros.

In October, ASM’s third-quarter results were ‍hurt ⁠by a larger than expected drop from China, the world’s largest ⁠buyer of chipmaking equipment.

($1 = 0.8600 euros)

(Reporting by ‌Nathan Vifflin in Gdansk, editing ‌by Milla Nissi-Prussak)