Almere, the Netherlands May 16, 2022 ASM International N.V. (Euronext Amsterdam: ASM) today announces the voting results of its Annual General Meeting of Shareholders held on May 16, 2022, at the Van der Valk Hotel in Almere, the Netherlands. The shareholders approved all resolutions as proposed to the Annual General Meeting of Shareholders. The main approved resolutions include the following: Mr. Hichem M’Saad was appointed as a member of the Management Board and as the CTO. The Remuneration Po
ASMIY, T, and ARCE have been added to the Zacks Rank #5 (Strong Sell) List on April 21, 2022.
"The demand environment continued to be very robust," Chief Executive Benjamin Loh said in a statement, adding that ASMI further stepped up investment to drive the company's growth. ASMI, which makes equipment used to deposit atom-thin layers of material on computer chips during their manufacturing process, said it expected supply chain conditions to remain tight in the second quarter. Its bigger peer ASML Holding said earlier on Wednesday there was no sign of any slackening in demand from semiconductor manufacturers amid the global computer chip shortage as it reported better than expected first quarter earnings.