Give you some color on the concentration line. Our largest customer keeps growing as a share of revenue: under 10% two years ago, 11% in 2024, and 17% in 2025, and no other customer is above 10%. We don’t name the customer; the pattern – Taiwanese, semiconductor, advanced packaging – is consistent with a large foundry, but that’s inference, not disclosure.

src ▸

VECO / One customer getting bigger, and a two-sided China line

rcpt ▸

/p/p-day-20260720-veco-src-veco-concentration-and-china-rotation ↗

ts ▸

2026-07-20T18:58:25.752Z