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CVD Equipment’s Q2 revenue up 44% year-on-year

What happened

CVD Equipment Corp reported Q2 2022 revenue of $5.8m, a 44% year-on-year increase from $4m. This growth reflects strong demand for its chemical vapor deposition and gas control equipment used in advanced materials manufacturing. Watch: The robust earnings signal sustained capital expenditure by chipmakers, potentially indicating continued tightness in the broader semiconductor equipment supply chain.

Impact and signal

Medium impactImpact score: 58/100

Affected components and suppliers

CVD EquipmentSemiconductor Manufacturing Equipment
CVD Equipment Corp
earningscapexequipment-demand

Source and time

Source: Semiconductor Today · 8/16/2022 · View original source

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