ASM International says it started manufacturing tools in the U.S.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 30 2025
0mins
Source: Reuters
Local Production Initiated: ASM International has begun local production of tools for U.S. chipmakers in response to U.S. tariffs, with manufacturing starting in Phoenix, Arizona.
Market Exposure: The company is notably exposed to the U.S. market, with 21% of its revenue coming from U.S. sales last year, making it more reliant on this market compared to European competitors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
