Stock Track | Veeco Instruments Soars 5.14% Pre-market on Strong Q4 Results and Outlook for Semiconductor Business

Stock Track

Feb 13, 2025

Veeco Instruments Inc. (VECO) stock surged 5.14% in the pre-market session on Thursday, following the company's stellar fourth-quarter and full-year 2024 results, driven by robust growth in its semiconductor business.

The semiconductor equipment maker reported record revenue of $467 million for its semiconductor business in 2024, up 13% year-over-year, comprising 65% of total revenue. The company successfully shipped an LSA system for high-volume production of 2-nanometer gate all around logic chips, securing a new customer.

Veeco's advanced packaging business is expected to double in 2025, fueled by strong demand for wet processing and lithography solutions. The company is a market leader in laser annealing and ion beam deposition technologies, critical for leading-edge semiconductor manufacturing.

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(VECO) stock surged 5.14% in the pre-market session on Thursday, following the company's stellar fourth-quarter and full-year 2024 results, driven by robust growth in its semiconductor business.</p>\n\n<p>The semiconductor equipment maker reported record revenue of $467 million for its semiconductor business in 2024, up 13% year-over-year, comprising 65% of total revenue. The company successfully shipped an LSA system for high-volume production of 2-nanometer gate all around logic chips, securing a new customer.</p>\n\n<p>Veeco's advanced packaging business is expected to double in 2025, fueled by strong demand for wet processing and lithography solutions. 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(VECO) stock surged 5.14% in the pre-market session on Thursday, following the company's stellar fourth-quarter and full-year 2024 results, driven by robust growth in its semiconductor business.</p>\n\n<p>The semiconductor equipment maker reported record revenue of $467 million for its semiconductor business in 2024, up 13% year-over-year, comprising 65% of total revenue. The company successfully shipped an LSA system for high-volume production of 2-nanometer gate all around logic chips, securing a new customer.</p>\n\n<p>Veeco's advanced packaging business is expected to double in 2025, fueled by strong demand for wet processing and lithography solutions. The company is a market leader in laser annealing and ion beam deposition technologies, critical for leading-edge semiconductor manufacturing.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VECO","symbol_name":"维易科精密仪器","start_time":0,"source_url":"","article_id":"1153821309","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1153821309","pubTimestamp":1739447062,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Veeco Instruments Inc.  stock surged 5.14% in the pre-market session on Thursday, following the company's stellar fourth-quarter and full-year 2024 results, driven by robust growth in its semiconductor business.The semiconductor equipment maker reported record revenue of $467 million for its semiconductor business in 2024, up 13% year-over-year, comprising 65% of total revenue. 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