NDAQ:VECO - Post Discussion
Post by
AviseAnalytics on Jan 29, 2024 8:02am
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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