Nova’s metrology solution selected by leading foundry for GAA processes

REHOVOT, Israel - Nova Ltd. (NASDAQ:NVMI), a semiconductor metrology provider with a market capitalization of $9.55 billion and impressive revenue growth of 44% over the last twelve months, announced Monday that its ELIPSON materials metrology solution has been selected as Tool of Record by a leading global foundry for advanced Gate-All-Around (GAA) manufacturing processes.

The semiconductor metrology provider has delivered several ELIPSON tools to the customer for use in various high-volume production processes, according to a press release statement from the company. According to InvestingPro data, Nova maintains a perfect Piotroski Score of 9, indicating exceptional financial strength, with 20+ additional exclusive insights available to subscribers.

The ELIPSON platform utilizes Raman spectroscopy technology to provide non-destructive, in-die material characterization for semiconductor fabrication. This selection follows the recent adoption of Nova’s Metrion platform by another GAA customer, expanding the company’s presence in advanced logic nodes production.

"The selection of ELIPSON by a leading global foundry for Gate-all-Around manufacturing underscores our commitment to delivering differentiated solutions for the evolving needs of our customers," said Gaby Waisman, President and CEO of Nova.

The ELIPSON tools are designed to enable rapid, non-contact material analysis at the nanoscale level, supporting manufacturers’ requirements for next-generation device architectures.

Nova, headquartered in Israel, specializes in providing material, optical and chemical solutions for advanced metrology and process control in semiconductor manufacturing. The company is traded on both Nasdaq and the Tel Aviv Stock Exchange, with its stock showing remarkable momentum, gaining nearly 99% over the past six months. Based on InvestingPro’s comprehensive Fair Value analysis, the stock currently appears to be trading near its fair value. Detailed insights and a complete analysis are available in Nova’s Pro Research Report, part of the extensive coverage of 1,400+ US equities on InvestingPro.

In other recent news, Nova Limited reported its second-quarter 2025 earnings, outperforming analysts’ expectations. The company achieved non-GAAP earnings per share of $2.20, surpassing the projected $2.10. Additionally, Nova Limited recorded a revenue of $220 million, exceeding the anticipated $215.15 million. These figures mark a significant achievement for the company, indicating strong financial performance. Analysts had set their forecasts based on various factors, and Nova Limited’s results have surpassed these projections. The positive earnings report has drawn attention from investment firms, with some analysts potentially revisiting their evaluations. These developments are part of the company’s ongoing financial narrative. Such results may prompt further analysis from financial experts and investment firms.

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