11/21

Nova Ltd. Shares Rise 2.75% on New Machine Learning Solution Launch

Nova Ltd. (NVMI) shares are up 2.75% to $178.97 as of 10:16 am on Thursday, following the announcement of a new Materials Metrology version of its Nova Fit® machine learning solution. Released on November 21, 2024, this version is designed to enhance throughput and precision in high-volume manufacturing of advanced logic and memory semiconductor devices. The solution, which works with the Nova VeraFlex IV® platform, has already been successfully deployed at a customer's site, showcasing its capability for Gate-All-Around (GAA) applications. This development underscores Nova's commitment to providing innovative solutions that address emerging challenges in semiconductor manufacturing, likely boosting investor confidence and driving the stock price higher.