Veeco positioned to gain share, says UBS UBS said Veeco's Q1 MOCVD orders were up nicely but near-term gross margin guidance was weak. The analyst continues to believe the LED equipment industry is in the early stages of a recovery and Veeco is well positioned to benefit and gain share. Shares are Buy rated with a $48 price target, down from $53.
News For VECO From The Last 14 Days
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Veeco Odyssey IBD upgrade supports EUV commercialization roadmap Veeco announced that its new Odyssey Ion Beam Deposition Upgrade for the NEXUS IBD-LDD System has repeatedly produced photomask blanks with zero deposition defects larger than 70 nanometers. This represents a significant milestone toward the manufacture of semiconductor devices with advanced extreme ultraviolet lithography.