financetom
Business
financetom
/
Business
/
Veeco Instruments Delivers Nanosecond Annealing System to Semiconductor Firm
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Veeco Instruments Delivers Nanosecond Annealing System to Semiconductor Firm
Feb 12, 2025 7:56 AM

10:34 AM EST, 02/12/2025 (MT Newswires) -- Veeco Instruments ( VECO ) said Wednesday it shipped its NSA500 Nanosecond Annealing system to an unnamed semiconductor company for mass production of 2-nanometer gate-all-around logic chips.

The shipment took place in Q4, the supplier of semiconductor process equipment said. Two additional unnamed customers are actively testing the NSA500 system for multiple applications, Veeco added.

Financial details were not disclosed.

Shares were down 0.9% in recent trading.

Price: 23.47, Change: -0.21, Percent Change: -0.89

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Vida Ventures Marks Fourth Major Portfolio Acquisition in 2025, Capping a Record-Setting Year for Its Science-Led, Discipline-Driven Strategy
Vida Ventures Marks Fourth Major Portfolio Acquisition in 2025, Capping a Record-Setting Year for Its Science-Led, Discipline-Driven Strategy
Nov 17, 2025
Halda Therapeutics acquired by Johnson & Johnson ( JNJ ) for $3.05 billion – the largest acquisition ever across any therapeutic area for a Phase 1 company Scorpion Therapeutics acquired by Eli Lilly ( LLY ) for Up to $2.5 billion - one of the highest-value strategic transactions announced in early 2025 Vigil Neuroscience acquired by Sanofi ( SNY )...
Archer Aviation to supply electric powertrain to Anduril, EDGE for Omen drone
Archer Aviation to supply electric powertrain to Anduril, EDGE for Omen drone
Nov 17, 2025
By Shivansh Tiwary (Reuters) -Archer Aviation ( ACHR ) said on Monday it will supply its electric powertrain for the Omen autonomous air vehicle, being co-developed by U.S. defense technology firm Anduril Industries and UAE-based EDGE group. The agreement marks Archer's first third-party application of its powertrain, currently used in its Midnight electric vertical take-off and landing (eVTOL) aircraft, and...
Archer Aviation to supply electric powertrain to Anduril, EDGE for Omen drone
Archer Aviation to supply electric powertrain to Anduril, EDGE for Omen drone
Nov 17, 2025
By Shivansh Tiwary Nov 17 (Reuters) - Archer Aviation ( ACHR ) said on Monday it will supply its electric powertrain for the Omen autonomous air vehicle, being co-developed by U.S. defense technology firm Anduril Industries and UAE-based EDGE group. The agreement marks Archer's first third-party application of its powertrain, currently used in its Midnight electric vertical take-off and landing...
I3 Verticals Adjusted Fiscal Q4 Earnings, Revenue Rise; Shares Fall After Hours
I3 Verticals Adjusted Fiscal Q4 Earnings, Revenue Rise; Shares Fall After Hours
Nov 17, 2025
06:02 PM EST, 11/17/2025 (MT Newswires) -- I3 Verticals ( IIIV ) reported adjusted fiscal Q4 earnings late Monday of $0.27, up from $0.12 a year earlier. Analysts polled by FactSet expected $0.24. Revenue in the three months ended Sept. 30 rose to $54.9 million from $51.3 million a year earlier. Four analysts polled by FactSet expected $53.6 million. The...
Copyright 2023-2026 - www.financetom.com All Rights Reserved