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Benchmark cuts Veeco stock target to $31, maintains Buy ratingNeedham also anticipates a slight overall business decline for Veeco in the coming year, with the Data Storage segment likely contributing to this decline. Veeco Instruments has also revised its ...
Veeco is seeing significant revenue and margin pressure from reduced demand from Chinese legacy node customers and data storage customers, driving lower estimates and a 40% drop in share price.
Veeco Instruments Inc. - GlobeNewswire - Wed ... chemical vapor deposition (CVD), metal organic chemical vapor deposition (MOCVD), single wafer etch & clean and lithography technologies play ...
Veeco Instruments Inc (NASDAQ ... primarily due to a decline in the data storage business. Gross margin for the fourth quarter was below guidance at 41.5%, impacted by product mix and evaluation ...
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