ASM Internationals stock price soars 6% and reaches a historical peak of 832 euros

Quarterly Results Driven by Artificial Intelligence

The spectacular rise this Wednesday follows yesterday’s publication of the results for the first quarter of 2026. ASM International reported a revenue of 863 million euros, at the high end of its forecast range of 797 to 863 million euros. The momentum is mainly driven by massive investments in artificial intelligence, the central engine of the group’s growth. The company also posted a margin qualified as a record for the period.

However, the management tempered its outlook. The geopolitical context, including the conflict in the Middle East, the rise in energy prices, and their potential impact on global growth, make demand more uncertain. The pressure on supply chains is also a challenge that the group says it is addressing as a priority. This duality between strong results and a darkened horizon has not slowed the momentum of the stock, which shows an increase of 10.52% over seven days and 112.4% over a year.

A Course Far from Its Usual Technical References

At 832 euros, the stock is well above the upper Bollinger Band, located at 744.15 euros, which is a classic signal of potential overbought conditions. The deviation from the moving averages is equally significant: the MM50 is at 691.88 euros and the MM200 at 524.41 euros, indicating a significant mismatch between the current price and its medium- and long-term trajectories.

This movement also stands out within the sector. While European peers ASML Holding (+1.26%) and STMicroelectronics (+1.14%) also progress in the session, their increases remain modest in comparison. Across the Atlantic, Advanced Micro Devices gained 3.47% at the last available market close, while Lam Research lost 1.82%. All major European indices are slightly down: the CAC 40 drops 0.39% and the DAX 0.35%, highlighting the isolated nature of ASM International’s surge in the day’s session. The next event for the group will be the general meeting scheduled for May 11th.