ASM International rises on Q1 results amid U.S. tariffs uncertainty

Shares in ASM International ASMI.AS rise 3% after the computer chip equipment maker posted a better-than-expected Q1 operating income, with quarterly orders above last year's level

ASMI posts Q1 operating income of 266.2 million euros($302.83 million) vs 187.1 million a year earlier, as its Q1 orders amounts 834.2 million euros, compared with 697.9 million euros last year

J.P. Morgan says Q1 report was in-line on sales, slightly better on orders but much better on operating income due to a significant gross margin beat

The Dutch company also expects FY sales growth of 10% to 20%, despite increased macroeconomic uncertainty from trade tensions

Its Q1 gross profit margin came in at 53.4% vs 52.9% in 2024

The stock, which has lost 21.1% YTD including today's session, is among the best performers of the pan-European STOXX 600 .STOXX index

($1 = 0.8790 euros)