ASM International Gets Moderate‑Buy Rating; Scotiabank Buys AST SpaceMobile Stake

Analysts have given ASM International NV a consensus "Moderate Buy" rating, with five buy recommendations, one hold, one sell and one strong‑buy among the eight brokerages covering the chip‑equipment supplier. The company forecast third‑quarter revenue of about $1.2‑$1.3 billion, driven by strong AI‑infrastructure demand, and reported quarterly earnings per share of $6.92, slightly above expectations.

Bank of Nova Scotia (Scotiabank) disclosed a new equity position in satellite‑communications firm AST SpaceMobile, purchasing 16,033 shares valued at approximately $1.33 million in the first quarter, as reported in its latest 13F filing.

Both developments highlight continued investor interest in technology firms linked to AI hardware and satellite connectivity.