Semiconductor capital equipment supplier ASM Intl. (ASMI +2.6%) hits a new 52-week high,...

|About: ASM International N.V. (ASMIY)|By:, SA News Editor

Semiconductor capital equipment supplier ASM Intl. (ASMI +2.6%) hits a new 52-week high, exceeding its prior $39.47/share peak. Given ASMI's surge, Goldman Sachs downgrades it to Sell, noting 2011 will be a peak year for spending on semiconductor manufacturing and assembly gear.