Nova Ltd

F:NMR

Business Description

Sector

Information Technology

Industry

Semiconductors

Headquarters

Israel IL

Employees

1 612

IPO date

Apr 11, 2000

Nova Ltd makes metrology and inspection tools used in semiconductor manufacturing. Its equipment helps chipmakers measure tiny features on wafers, check film thickness and composition, and catch defects during production. The company also sells software and service support that help customers control process quality and keep their fabrication lines running.

Its main customers are semiconductor manufacturers and foundries, along with logic, memory, and advanced packaging producers. Nova makes money by selling capital equipment, related software, spare parts, upgrades, and ongoing service contracts. Because chip factories need precise measurement at many steps in the production flow, Nova’s products are often built into the manufacturing process rather than bought as one-time lab tools.

What makes Nova’s business different is that it sits in the middle of the chip-making process, where very small process errors can ruin yield and performance. Customers rely on its tools to monitor what cannot be seen with normal optical inspection alone, especially as chip structures get more complex. That gives the company a specialized role in semiconductor production, where measurement accuracy is as important as the chips themselves.