Nova

Nova is an Israeli company that develops metrology and process control systems for semiconductor manufacturing. Its optical and materials measurement tools let chipmakers verify critical dimensions and film properties at every stage of production, a service that grows more valuable as transistor structures become smaller and tolerance for defects shrinks. The company sells to the largest foundries and memory producers in the world, and its shares trade both in Tel Aviv and on the Nasdaq. For an investor following שבבים and the wider equipment cycle, Nova offers exposure to capital spending by chip manufacturers rather than to any single end device. Its results are often read alongside קמטק and אנבידיה as a gauge of demand across the semiconductor supply chain.