Nova
NVMI · NASDAQ · Technology
$356.11
+$8.23 (+2.31%) today
Market Cap
$11.33B
24h Volume
$953.2M
P/E Ratio
44.3
52w High
$605.65
52w Low
$275.78
Est. AI Revenue
40%
7-Day Sparkline (Static)
Company facts
Performance
About Nova
Nova makes metrology systems, the measurement tools that tell chipmakers whether each process step landed within specification. Fabs install its equipment in line to measure film thickness, dimensions, and material composition as wafers move through production. Revenue comes from system sales, upgrades, and service.
The Nova PRISM platform handles optical critical dimension metrology for the most advanced logic nodes, VeraFlex provides in line X-ray measurement, ELIPSON adds Raman based material analysis, and ancosys monitors process chemistry. Gate all around transistors and HBM stacking add measurement steps, so leading edge production driven by AI consumes metrology capacity disproportionately.
Founded in 1993 and headquartered in Rehovot, Israel, Nova employs about 1,600 people and lists on NASDAQ under NVMI. It competes in a market where measurement precision, not scale, wins tool positions.
Nova in the AI buildout
Nova operates in the Chip Equipment layer as a process control specialist. Leading edge logic, gate all around transistors, and HBM memory all require more measurement steps per wafer than older chips, and Nova's metrology tools are consumed most heavily by exactly those processes. Its business tracks the AI driven share of wafer fab equipment spending, similar to inspection and metrology peers already central to the buildout. The thesis rests on metrology intensity rising with each node transition that AI demand pulls forward.
NVMI is tracked in Chip Equipment & Foundries, rated Core on the AI Exposure leaderboard.
By the numbers
52-week range
NVMI trades at $356.11, 24% of the way up its 52-week range of $275.78 to $605.65.
Market cap
Market capitalization is $11.33B, with an AI Exposure Score of 70 out of 100.
Valuation vs peers
Its P/E ratio of 44.3 is in line with the Chip Equipment & Foundries category median of 44.2.
Next earnings
Nova is next expected to report earnings on November 5, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Nova Ltd do?
Nova makes metrology equipment for semiconductor fabs. Its tools measure dimensions, film thickness, material composition, and process chemistry in line during chip production, telling manufacturers whether each step landed within specification before wafers move on.
How is Nova Ltd exposed to AI?
Leading edge logic, gate all around transistors, and HBM memory require more measurement steps per wafer, and those AI driven processes consume Nova's tools most heavily. Supercycle rates it Core with an AI Exposure Score of 70 out of 100.
What are Nova's main products?
Nova PRISM for optical critical dimension metrology, VeraFlex for in line X-ray measurement, ELIPSON for Raman based material analysis, and ancosys systems that monitor process chemistry. Together they cover dimensional, material, and chemical process control.
Who leads Nova and where is it based?
Gabriel Waisman serves as CEO. Founded in 1993, the company is headquartered in Rehovot, Israel, employs about 1,600 people, and lists on NASDAQ under the ticker NVMI.
Is NVMI a pure play AI stock?
No. Supercycle rates Nova as Core with a score of 70. Its metrology demand closely tracks AI driven leading edge and HBM investment, but its tools serve chip manufacturing broadly, so the business rises and falls with overall fab spending too.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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