Northland Capital Markets Upgrades Veeco Instruments to Outperform, Maintains Price Target to $66

Axcelis Technologies Appoints New CFO with Focus on Veeco Merger Integration

Axcelis Technologies has appointed Jeroen Delsman as its new Executive Vice President and CFO, while transitioning interim CFO David Ryzhik to a role overseeing integration planning for the pending merger with Veeco.

Veeco Instruments Inc. Announces Date for Third Quarter 2026 Financial Results

Veeco Instruments Inc. has scheduled the release of its third quarter 2026 financial results for after the market closes on November 4, 2026.

Shares of semiconductor and chip companies are trading lower amid elevated expectations for Fed rate hikes due to broader inflation and energy challenges. Higher borrowing costs may affect the sector's ambitious capex plans while also creating risks for customers, which may be reflected in lower demand.

Shares of semiconductor and chip companies are trading lower, led by declines in Micron and other memory-chip stocks, following a report that Chinese rival ChangXin Memory Technologies has made key progress in developing a new DRAM cell structure designed to increase storage density and improve efficiency. The advancement draws attention to intensifying competition in the broader chip market, potentially pressuring established manufacturers' market share and pricing power.