ASMIY ASM INTL NV NY REG SHS

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12:20
Mar 04
Chloe Melas Reporter, Bloomberg Bloomberg Markets
ASM International issued an upbeat outlook citing strong demand and a recovery in the Chinese market. Despite the crash in Korean chip stocks (due to energy fears), the equipment makers supplying China are seeing a cyclical recovery. This suggests a divergence where equipment makers outperform the chip manufacturers in energy-poor nations. Long ASM International (ASMIY). New US trade restrictions on semiconductor equipment to China.
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About ASMIY Analyst Coverage

Buzzberg tracks ASMIY (ASM INTL NV NY REG SHS) across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade ideas tracked.