Veeco Instruments: Spending on Semiconductor Equipment Accelerates

The stock reaches its highest price levels since the year 2000
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Anika Lohwasser
A. Lohwasser
Reading Time: 1 minute

The "Semiconductor Equipment & Materials" sector is, according to Sector-Spider's analysis at the stock terminal over the last 7 days, the only sector with positive performance in the technology space. Veeco Instruments (VECO) is one of the best short-term options for new long maneuvers with its current breakout attempt toward a new multi-year high. I anticipate continued sector strength, as Barclays has just raised the WFE market forecast (expenditures for wafer fabrication equipment) for 2027 from $159 billion to $209.5 billion. Veeco Instruments...

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