News Snapshot:
kynny Veeco Instruments (NASDAQ:VECO), a supplier of semiconductor process equipment, closed the books on FY2023 with the release of the latest Form 10-K. In general, FY2023 was a good year for VECO, which found its way back to the stock with strong gains. In fact, VECO was able to grow the top and the bottom line at a time when most suppliers of equipment used to manufacture semiconductors saw business contract due to a downturn in the equipment market. True, VECO is not a pure semiconductor play, but it was the semiconductor segment powering the outperformance, offsetting weakness elsewhere. However,...