The company's shares were 4.5% lower by 0810 GMT. "Despite the weakening in economic conditions and softening in the semiconductor equipment market this year we believe we remain on track to deliver on our targets," said ASM International chief executive and president Benjamin Loh. ASM confirmed its expectations for the single-wafer atomic layer deposition (ALD) market to reach $3.1 billion to $3.7 billion in 2025 and $4.2 billion to $5.0 billion by 2027, of which it targets a market share of more than 55%.