Nova Ltd. Reports Record Q1 Revenue Amid Strong Demand in Advanced DRAM and Packaging
Nova Ltd. (NASDAQ:NVMI) reported record first-quarter revenue of $235.3 million, driven by strong demand for advanced DRAM, packaging, and gate-all-around technologies. The company also raised its 2026 wafer fab equipment spending growth forecast to the mid-teens and reaffirmed a target of reaching $1 billion in annual revenue by 2027.
Tickers: $NVMI
Topics: advanced packaging financial performance memory devices semiconductors