SGASM International, a Dutch semiconductor equipment manufacturer, raised its 2027 sales outlook on July 28, projecting revenue exceeding the upper end of its previous 3.7 to 4.6 billion euro range. The company attributed this optimism to increased demand for AI infrastructure, which has helped counterbalance declines in automotive, PC, and memory markets. It forecast third-quarter revenue of approximately 1.1 billion euros, surpassing analyst estimates of 994.5 million euros. The CEO highlighted sustained investment in AI-driven compute workloads as a key driver. Analysts noted that while the second-half growth outlook is above expectations, they do not anticipate significant revisions to the 2027 consensus estimates.
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