Veeco Ships First Nanosecond Annealing System To A Tier 1 Logic Customer
Portfolio Pulse from Benzinga Newsdesk
Veeco Instruments Inc. has shipped its first NSA500 Nanosecond Annealing System to a Tier 1 logic customer, marking a significant step in its leadership in advanced laser annealing technology. The NSA500 is designed for low thermal budget and material modification applications, crucial for advanced node and 3D applications. Veeco plans to ship its second evaluation system to another Tier 1 customer in the coming months and anticipates initial high-volume manufacturing orders in late 2024 or 2025.
November 06, 2023 | 2:06 pm
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Veeco's shipment of its first NSA500 system to a Tier 1 logic customer solidifies its position in the advanced laser annealing technology market. The company's plans for future shipments and potential high-volume manufacturing orders in 2024 or 2025 could positively impact its stock.
The news of Veeco shipping its first NSA500 system to a Tier 1 logic customer is a positive development for the company. This not only solidifies its position in the advanced laser annealing technology market but also opens up potential for high-volume manufacturing orders in the near future. These factors could lead to increased investor confidence and a potential rise in the company's stock price.
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