Nova Ltd. (NVMI) shares are up 1.79% to $182.98 as of 9:31 am on Monday, compared to its previous close of $179.76 on November 22nd. The stock's rise comes amid a broader positive sentiment in the semiconductor industry, which has been experiencing strong growth in the third quarter of 2024. According to recent industry data, semiconductor manufacturing saw significant quarter-on-quarter increases for the first time in two years, driven by seasonal factors and robust demand from AI data centers. This growth trend is expected to continue into the fourth quarter, with electronic sales projected to increase by 20% quarter-on-quarter.