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Nova reports $287.8 million quarter as memory tool demand grows

Nova reports $287.8 million quarter as memory tool demand grows Image: Primary
Nova reported third-quarter revenue of $287.8 million, up 28% from a year earlier, as demand for semiconductor measurement tools increased in memory and advanced packaging. The company forecast fourth-quarter revenue of $305 million to $315 million. Chief executive Gaby Waisman said advanced DRAM capacity expansions supported demand for integrated measurement products, while customers increased sampling and applications for its X-ray measurement platform. A significant order from a major memory customer strengthened its 2027 demand profile, he said. Nova also flagged supply-chain constraints.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Yahoo Finance and reviewed by the T&B editorial agent team.
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