Veeco Announces Over $50 Million in Wet Processing System Orders Supporting Advanced Packaging for AI
Veeco Instruments (NASDAQ: VECO) has secured over $50 million in orders for its WaferStorm® system in 2024, with deliveries extending into first half of 2025. The orders are driven by AI-related Advanced Packaging demands from a leading foundry, HBM manufacturer, and OSATs. The company's Wet Processing business is experiencing year-over-year growth and expects continued expansion in 2025. The WaferStorm system, featuring proprietary ImmJET™ solvent technology, provides solutions for flux cleaning, photoresist strip, and other advanced packaging processes.
Veeco Instruments (NASDAQ: VECO) ha ottenuto oltre 50 milioni di dollari in ordini per il suo sistema WaferStorm® nel 2024, con consegne che si estenderanno nella prima metà del 2025. Gli ordini sono stimolati dalla domanda di Advanced Packaging legata all'AI da parte di una fonderia leader, produttore di HBM e OSAT. Il settore Wet Processing dell’azienda sta vivendo una crescita anno su anno e si prevede un’ulteriore espansione nel 2025. Il sistema WaferStorm, dotato della tecnologia solvente ImmJET™ proprietaria, offre soluzioni per la pulizia dei flussi, la rimozione del photoresist e altri processi avanzati di packaging.
Veeco Instruments (NASDAQ: VECO) ha asegurado más de 50 millones de dólares en pedidos para su sistema WaferStorm® en 2024, con entregas que se extenderán hasta la primera mitad de 2025. Los pedidos son impulsados por la demanda de Advanced Packaging relacionada con la IA de una fundición líder, fabricante de HBM y OSATs. El negocio de Procesamiento Húmedo de la empresa está experimentando un crecimiento año tras año y espera una expansión continua en 2025. El sistema WaferStorm, que cuenta con la tecnología de solvente ImmJET™ propia, ofrece soluciones para la limpieza de flux, la eliminación de photoresist y otros procesos avanzados de empaque.
Veeco Instruments (NASDAQ: VECO)는 2024년에 WaferStorm® 시스템에 대해 5천만 달러 이상의 주문을 확보했으며, 납품은 2025년 상반기까지 이어질 예정입니다. 이러한 주문은 주요 파운드리, HBM 제조업체 및 OSAT의 AI 관련 고급 포장 수요에서 유발되었습니다. 회사의 습식 처리 사업은 전년 대비 성장을 경험하고 있으며, 2025년에도 지속적인 확장을 기대하고 있습니다. 독점적인 ImmJET™ 용매 기술이 포함된 WaferStorm 시스템은 플럭스 세척, 포토레지스트 스트립 및 기타 고급 포장 공정에 대한 솔루션을 제공합니다.
Veeco Instruments (NASDAQ: VECO) a sécurisé plus de 50 millions de dollars de commandes pour son système WaferStorm® en 2024, avec des livraisons qui s'étendront jusqu'à la première moitié de 2025. Les commandes sont motivées par la demande en emballage avancé lié à l'IA d'une fonderie de premier plan, d'un fabricant de HBM et d'OSAT. L'activité de traitement humide de l'entreprise connaît une croissance d'année en année et s'attend à une expansion continue en 2025. Le système WaferStorm, doté de la technologie de solvant ImmJET™ propriétaire, offre des solutions pour le nettoyage des flux, le retrait des photoresists et d'autres processus d'emballage avancés.
Veeco Instruments (NASDAQ: VECO) hat über 50 Millionen Dollar an Aufträgen für sein WaferStorm®-System im Jahr 2024 gesichert, mit Lieferungen, die bis in die erste Hälfte von 2025 reichen. Die Aufträge werden durch die Nachfrage nach AI-bezogenem Advanced Packaging von einem führenden Foundry, HBM-Hersteller und OSATs vorangetrieben. Das Geschäft mit Nassverarbeitung des Unternehmens verzeichnet ein Wachstum im Vergleich zum Vorjahr und erwartet eine fortwährende Expansion im Jahr 2025. Das WaferStorm-System, das mit der proprietären ImmJET™-Lösungs- technologie ausgestattet ist, bietet Lösungen für das Reinigen von Flüssen, das Entfernen von Photoresist und andere fortgeschrittene Verpackungsprozesse.
- Secured over $50 million in new orders for WaferStorm® system
- Year-over-year growth in Wet Processing business
- Expected growth continuation in AI-related business for 2025
- Orders from major industry players (leading foundry, HBM manufacturer, OSATs)
- None.
Insights
This
The focus on advanced packaging, particularly for AI and high-bandwidth memory applications, positions Veeco strategically in a high-growth market segment. Their proprietary ImmJET™ solvent technology provides a competitive edge in heterogeneous integration and 3D packaging - critical capabilities for next-generation AI chips. This technology advantage in wet processing, essential for complex chip packaging, could drive further market share gains.
The order momentum suggests a robust growth trajectory for Veeco's wet processing segment into 2025, strengthening their position in the AI semiconductor supply chain. With the current AI chip demand surge, particularly in HBM and advanced packaging, this represents a significant growth catalyst for Veeco's business.
Wet Processing business delivering year-over-year growth in Advanced Packaging, driven by a leading foundry, HBM manufacturer, and OSAT’s
PLAINVIEW, N.Y., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced it’s received over
Veeco’s Wet Processing business is delivering year-over-year growth primarily driven by capacity expansions by a leading foundry, HBM manufacturer and OSAT’s to meet growing demand from AI. Based on recent order activity, Veeco expects growth in its Wet Processing business for AI in 2025.
“We’re excited to see leading customers choose our wet processing technology for leading edge applications such as high-performance computing and high-bandwidth memory,” commented Adrian Devasahayam, Ph.D., Senior Vice President, Product Line Management. "Our wet processing systems are critical for the most advanced heterogenous and 3D packaging schemes primarily due to our proprietary ImmJET™ solvent technology. Veeco has been working collaboratively with our customers for a number of years to enable cost-effective and high-performance solutions for their roadmaps."
WaferStorm’s unique ImmJET™ solvent technology provides customers with the best overall process performance, flexibility and production capability in its class compared to conventional batch or spray-only approaches. WaferStorm offers proven, reliable solutions for flux cleaning, photoresist strip, dry film resist strip, via cleans and other advanced packaging processes.
About Veeco
Veeco (NASDAQ: VECO) is an innovative manufacturer of semiconductor process equipment. Our laser annealing, ion beam, chemical vapor deposition (CVD), metal organic chemical vapor deposition (MOCVD), single wafer etch & clean and lithography technologies play an integral role in the fabrication and packaging of advanced semiconductor devices. With equipment designed to optimize performance, yield and cost of ownership, Veeco holds leading technology positions in the markets we serve. To learn more about Veeco’s systems and service offerings, visit www.veeco.com.
To the extent that this news release discusses expectations or otherwise makes statements about the future, such statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include the risks discussed in the Business Description and Management's Discussion and Analysis sections of Veeco's Annual Report on Form 10-K for the year ended December 31, 2023 and in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press releases. Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.
Veeco Contacts:
Investors: Anthony Pappone | (516) 500-8798 | apappone@veeco.com
Media: Brenden Wright | (410) 984-2610 | bwright@veeco.com
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