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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Veeco Instruments Inc DE | NASDAQ:VECO | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.37 | 3.41% | 41.53 | 41.00 | 42.32 | 41.75 | 40.435 | 40.69 | 456,979 | 22:16:11 |
The broad applicability of Veeco’s NSA500 system provides a significant opportunity to expand the company’s served available market to new applications. These include low thermal budget applications like Backside Power Delivery and Contact Annealing for advanced nodes and material modification applications such as void-removal, recrystallization and grain growth.
“We are excited to announce this next generation annealing platform designed to meet high-volume semiconductor manufacturing requirements with great emphasis on superior performance, scalability, and productivity,” commented Adrian Devasahayam, Ph.D., Veeco’s Senior Vice President Product Line Management. “Based on customer feedback, our NSA system improves device performance and enables their product roadmaps. This new system complements our LSA laser annealing systems, and we are confident that our NSA system is uniquely positioned to address the toughest materials challenges in chip manufacturing.”
About Veeco Veeco (NASDAQ: VECO) is an innovative manufacturer of semiconductor process equipment. Our laser annealing, ion beam, chemical vapor deposition (CVD), metal organic chemical vapor deposition (MOCVD), single wafer etch & clean and lithography technologies play an integral role in the fabrication and packaging of advanced semiconductor devices. With equipment designed to optimize performance, yield and cost of ownership, Veeco holds leading technology positions in the markets we serve. To learn more about Veeco’s systems and service offerings, visit www.veeco.com.
To the extent that this news release discusses expectations or otherwise makes statements about the future, such statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include the risks discussed in the Business Description and Management's Discussion and Analysis sections of Veeco's Annual Report on Form 10-K for the year ended December 31, 2022 and in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press releases. Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.
Veeco Contacts: Investors: Anthony Pappone | (516) 500-8798 | apappone@veeco.com Media: Kevin Long | (516) 714-3978 | klong@veeco.com
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