ASM International NV reported a 4% decline in second-quarter orders, totaling €702 million (US$824 million) at constant currency.

This figure fell short of analysts’ expectations of €837 million (US$982.3 million), according to Bloomberg data.

The company said the decline was due to fluctuations in order patterns, while rival ASML Holding NV plans to stop reporting order data next year.

ASM kept its 2025 revenue growth forecast at 10% to 20% despite ongoing global trade and geopolitical risks.

The company continues to benefit from demand for gate-all-around (GAA) chip technology, which improves device performance.