Dutch semiconductor equipment manufacturer ASM has revised down its revenue forecast for the second half of the year. This adjustment comes in the wake of softer - than - anticipated demand from certain customers, a situation that has subsequently led to a drop in its stock price. In the semiconductor industry, "revises down" is a more commonly used and professional term compared to "lowers" when referring to changes in financial forecasts. It conveys a more formal and precise sense of the adjustment being made. Also, "semiconductor equipment manufacturer" is a more accurate and industry - specific description than "chip equipment maker". "In the wake of" is a natural English expression that indicates a consequence or result following a particular event, which fits well in this context to show the causal relationship between the weak demand and the forecast revision as well as the stock - price drop.