Veeco Instruments
VECO · NASDAQ · Technology
$42.72
+$1.35 (+3.16%) today
Market Cap
$3.11B
24h Volume
$35.5M
P/E Ratio
134.0
52w High
$83.04
52w Low
$26.39
Est. AI Revenue
25%
7-Day Sparkline (Static)
Company facts
Performance
About Veeco Instruments
Veeco Instruments makes specialized deposition and processing equipment for semiconductors and related industries. Rather than competing across the whole toolset, it focuses on a handful of steps where its niche technologies outperform mainstream tools, earning revenue from equipment sales and service.
Its laser spike annealing systems activate transistors at leading edge logic nodes, ion beam deposition tools make the ultra smooth mask blanks that EUV lithography requires, and wet processing systems serve advanced packaging. MOCVD systems for compound semiconductors and equipment for data storage round out the portfolio, tying part of the business to markets outside the AI buildout.
Founded in 1945 and headquartered in Plainview, NY, Veeco employs about 1,300 people and lists on NASDAQ under VECO.
Veeco Instruments in the AI buildout
Veeco plays a niche role in the Chip Equipment layer. Its laser annealing tools are used in the leading edge logic nodes built for AI compute, its ion beam systems make the mask blanks EUV lithography depends on, and its wet processing serves the advanced packaging behind AI accelerators. Each niche gains from AI node transitions, but smaller share positions and its compound semiconductor and data storage markets mean AI is a tailwind rather than the core of the business.
VECO is tracked in Chip Equipment & Foundries, rated Growing on the AI Exposure leaderboard.
By the numbers
52-week range
VECO trades at $42.72, 29% of the way up its 52-week range of $26.39 to $83.04.
Market cap
Market capitalization is $3.11B, with an AI Exposure Score of 45 out of 100.
Valuation vs peers
Its P/E ratio of 134.0 is above the Chip Equipment & Foundries category median of 44.2.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Veeco Instruments do?
Veeco makes specialized semiconductor process equipment, including laser spike annealing systems, ion beam deposition tools for EUV mask blanks, wet processing systems for advanced packaging, and MOCVD systems for compound semiconductors.
How is Veeco Instruments exposed to AI?
Its annealing, ion beam, and wet processing niches all gain from the leading edge nodes and advanced packaging built for AI chips. Supercycle rates it Growing with an AI Exposure Score of 45 out of 100, at the upper end of that tier.
What are Veeco's main products?
Laser spike annealing systems used at leading edge logic nodes, ion beam deposition systems that produce ultra smooth EUV mask blanks, wet processing equipment for advanced packaging, and MOCVD systems for compound semiconductor production.
Who leads Veeco and where is it based?
William John Miller serves as CEO. Founded in 1945, the company is headquartered in Plainview, NY, employs about 1,300 people, and lists on NASDAQ under the ticker VECO.
Is VECO a pure play AI stock?
No. Supercycle rates Veeco in the Growing tier with a score of 45. Its leading edge and packaging niches benefit from AI node transitions, but compound semiconductor, photonics, and data storage markets account for a meaningful share of the business.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
Related reading
- What are AI infrastructure stocks? The 12 layers, explained · AI infrastructure stocks are the companies paid to build AI compute: chips, memory, networking, data centers, cooling and power. The 12 layers and the catch.