Chip gear maker ASMPT Ltd. shares jumped as much as 8.7% to a record as its second-quarter revenue beat expectations, driven by strong growth from its semiconductor business critical for AI.
Chip gear maker ASMPT Ltd. shares jumped as much as 8.7% to a record as its second-quarter revenue beat expectations, driven by strong growth from its semiconductor business critical for AI.
Data cables plugged into server racks on the Supermicro pavilion at MWC Barcelona 2026 in Barcelona, Spain, on Tuesday, March 3, 2026. This year's edition of MWC is heavily geared toward AI and establishing best practices to leverage it to drive sales and wider adoption. Photographer: Angel Garcia/Bloomberg