Veeco Instruments

Veeco Instruments delivered results and order momentum well ahead of expectations as memory manufacturers ramp capacity for high-bandwidth memory used in AI data centers. Riverwater Partners named Veeco its largest contributor in Q2 after the stock more than doubled in three months, prompting the fund to trim the position. Veeco remains a holding at a reduced, defensible weight; the shares traded at $42.72 on September 18, 2026, and the company has a market cap of about $2.6 billion. » Mere på finance.yahoo.com

Veeco reported revenue of $193 million for Q2 2026 versus a forecast of $180.08 million, and diluted non-GAAP EPS of $0.33. The company raised its 2026 revenue guidance to $780–810 million and reported Advanced Packaging orders of $200 million, mostly to be delivered in 2027. Veeco announced higher investments to expand capacity for 2027; the stock rose about 5.7% after hours. » Mere på de.investing.com

Veeco has received an order from a globally active supplier of optical and photonic technologies for its LUMINA+ MOCVD system, which will be used to produce indium phosphide lasers for datacom optics transceivers. The automated system processes arsenide and phosphide materials, supports various wafer sizes and, according to the company, offers the largest batch capacity in the MOCVD market for these materials. Customer and financial terms were not disclosed; market researchers forecast strong market growth for optical transceivers to around 39 billion US dollars by 2026. » Mere på de.investing.com