Veeco Instruments Surges 19% on Massive $250M AI Laser Orders

Veeco Instruments Surges 19% on Massive $250M AI Laser Orders Despite Q1 Miss

NEW YORK — Veeco Instruments Inc. (NASDAQ: VECO) shares exploded more than 18% in early trading Wednesday, climbing to $58.80 after the semiconductor equipment maker announced over $250 million in new orders for advanced laser manufacturing systems tied to artificial intelligence applications, overshadowing a modest first-quarter earnings miss and sending the stock to its highest level in months.
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