AMSTERDAM, May 15 (Reuters) - Dutch chip-making

equipment supplier ASM International plans to pass on

any cost increases related to tariffs to its value chain,

including customers, its CEO and finance chief told Bank of

America in a meeting, a report on the analysts' takeaways showed

on Thursday.

Europe's second-largest supplier of semiconductor equipment said

that thanks to its manufacturing flexibility, it "won't be at a

disadvantage compared to competitors", the note distributed by

the bank reads.

ASM makes wafer fab processing equipment which is a key to

chipmakers like Intel ( INTC ) or TSMC as they adopt a

leading-edge transistor design called Gate-All-Around.

But in other segments, it competes with major U.S. players

such as Applied Materials ( AMAT ) and LAM Research ( LRCX ). It

is also the most exposed to the U.S. market among its European

peers, including ASML and BE Semiconductor.

ASML had said as part of its first-quarter reporting that U.S.

chipmakers would bear the "lion's share" of tariff costs.

ASM's management told the analysts that its Chinese sales

may reach the high end of its guidance range for 2025, or be

slightly above that, the report showed.

The company has guided for Chinese equipment sales to make up a

low-to-high twenties percentage of its total sales in 2025.

ASML's chief financial officer had similarly said in its last

earnings presentation that Chinese demand was stronger than

expected in 2025.