Order intake during the second quarter fell 4 percent to 702 million euros in constant currency compared to the corresponding quarter last year for ASM International.
This can be compared to the average forecast among analysts of 837 million euros in order intake, according to Bloomberg.
Headwinds for major customers such as Intel and Samsung are behind the declining demand for equipment from ASM International.
The share fell by more than 7 percent during morning trading on the Amsterdam stock exchange, which means that almost a third of the market value of ASM International has been erased since the turn of the year.
Dutch competitor ASML Holding, which also manufactures equipment for the semiconductor industry, plummeted 11 percent in connection with the presentation of the figures for the second quarter last week.
An unexpectedly cautious forecast for 2026, due to all the uncertainty surrounding tariffs among customers, contributed to the stock market crash – the largest in one day in 20 years for ASML Holding.
