Veeco Instruments Inc VECO

Technology Semiconductor Equipment & Materials

Veeco Instruments Inc. is a manufacturer of semiconductor process equipment. The Company's laser annealing, ion beam, chemical vapor deposition (CVD), metal organic chemical vapor deposition (MOCVD), single wafer etch and clean and lithography technologies play an integral role in the fabrication and packaging of advanced semiconductor devices. The Company's system products include Laser Annealing Systems, Ion Beam Systems and Etch Systems, Advanced Packaging Lithography, Single Wafer Wet Processing, Metal Organic Chemical Vapor Deposition Systems, Molecular Beam Epitaxy Systems, Atomic Layer Deposition Systems, and Other Systems. Its other deposition systems include Physical Vapor Deposition, Diamond-Like Carbon Deposition, and Chemical Vapor Deposition Systems. Its process equipment systems are used in the production of a range of microelectronic components, including logic, dynamic random-access memory (DRAM), photonics devices, power electronics, and other semiconductor devices.

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Veeco Instruments Inc

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Post by AviseAnalyticson Jan 29, 2024 8:02am

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Post# 35849959

VEECO: CHARGING AHEAD IN THE SEMICONDUCTOR INDUSTRY

$VECO

Excited to share an article about Veeco Instruments Inc. (NASDAQ: VECO), an innovative manufacturer of semiconductor process equipment.

The Company's market opportunity is expected to grow at a CAGR of about 15% from $2.3 billion in 2023 to about $4 billion in 2027.

Veeco's revenues stood at $454 million in FY20 and are expected to be between $ 658 and $668 million in FY23. Its semiconductor revenues increased at a CAGR of about 35% from FY20 to FY23.

Veeco's revenues are expected to expand further on the back of its semiconductor business and Laser Annealing expansion, making the Company an exciting watch.

Read on to know more:

https://www.aviseanalytics.com/veeco-charging-ahead-in-the-semiconductor-industry/

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