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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.
ASMIY 1ST

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.