Nova Ltd. (NVMI) shares experienced a notable rise today, driven by the latest data on global semiconductor equipment billings. According to the Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report released on December 2, 2024, global semiconductor equipment billings surged 19% y/y to $30.38 billion in Q3 2024. This growth was fueled by investments in AI and mature technologies, with North America showing the largest y/y gain. The positive sentiment around the semiconductor equipment market likely contributed to the upward movement in NVMI's stock.
Nova Ltd. closed at $190.50, marking a 3.67% increase from the previous close of $183.76. The stock remained stable in after-hours trading.