Economy · Full coverage
Nova Reports Record $255 Million Revenue in Q2 Amid AI Chip Boom
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
Unrated 2
First reported by Globes · 1 hour ago
What happened
Nova, a semiconductor equipment maker, reported record Q2 2026 revenues of $255 million and net income growth amid AI-driven chip demand, with strong forecasts for Q3.
- 01Nova posts record Q2 2026 revenue of $255 million, first time exceeding $250 million.
- 02Revenue grew 8% quarter-over-quarter and 16% year-over-year.
- 03GAAP net income reached $75 million, $2.20 per share, with adjusted net income at $86.5 million.
- 04Gross margin slightly declined to 56.5%, while operating expenses rose to $68 million.
- 05Q3 forecast projects $277-$287 million revenue and $2.70-$2.85 adjusted EPS.
- 06CEO Gabi Weisman cites strategic growth, expanding customer base, and stronger market position.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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