NOVA Technology Corporation Limited

Nova reported second-quarter 2026 revenue of $255.0 million, up 8% sequentially and 16% year-over-year, with GAAP net income of $75 million and non-GAAP net income of $86.5 million. The company achieved record revenue in advanced logic devices and advanced packaging solutions, driven by industry shifts to Gate-All-Around architecture and capacity additions. For the third quarter, Nova guided revenue to $277–$287 million, with GAAP diluted EPS of $2.46–$2.61 and non-GAAP diluted EPS of $2.70–$2.85. However, gross margin slipped to 56.5% from 57.7% in the prior quarter and 57.8% a year ago, while operating expenses rose to $68.0 million. CEO Gaby Waisman cited broad-based demand and market share gains as drivers of increased visibility.

NOLING Tech was recently selected for the SD-WAN Service Quality Outstanding Case and the SD-WAN Plus Cross-Border Outstanding Case at the 2025 Outstanding Case Selection by the Computing-Network Convergence Industry and Standards Promotion Committee of the China Communications Standards Association, recognized for its SD-WAN product capabilities and industry practice achievements. The SD-WAN Plus Cross-Border Outstanding Case focuses on core capabilities such as efficient cross-regional data transmission, global network intelligent scheduling, and secure compliant interconnection. Trina Solar's Global One Network project leverages NOLING Tech's self-developed SD-WAN solution to achieve unified network management and intelligent link scheduling across over a hundred nodes worldwide. The SD-WAN Service Quality Outstanding Case emphasizes comprehensive performance in platform architecture, service delivery, and operational assurance. The selected NOLING Tech self-developed SD-WAN software deployment instance adopts innovative architectures including cloud controller clusters, software-defined edge, and points-based metering operations, creating a sustainably operated SD-WAN service platform. NOLING Tech stated that it will continue to deepen SD-WAN technology innovation in the future, building a global computing-network foundation for the AI era.

Shares of Nova, Lam Research, and Teradyne rose sharply in afternoon trading as semiconductor stocks rebounded on a report that China may ease restrictions on advanced Nvidia AI chip imports. Nova jumped 6.9%, Lam Research gained 7.3%, and Teradyne climbed 5.9% after The Information reported that Chinese authorities told top tech firms including Alibaba, ByteDance, and DeepSeek they may soon be allowed to buy a limited quantity of Nvidia H200 processors for model training, capped under 200,000 units. The broader sector also got a boost from news that SK Hynix's $24.5 billion U.S. ADR offering was oversubscribed by more than seven times, signaling robust institutional demand for AI memory chips. The rebound followed recent profit-taking that had dragged down chip stocks, with Lam Research having dropped 12.1% just a week earlier amid fears of cooling AI-driven demand and potential overcapacity.

Nova announced that its Nova WMC™ platform has been selected by a leading global foundry customer for multiple layers' measurement in the most advanced packaging processes, following a competitive evaluation that designated the tool as tool-of-record. The selection is expected to support multiple advanced packaging production flows and positions Nova for further deployment opportunities as the customer expands capacity. Nova also noted accelerating adoption of the WMC™, with deployments across several memory and foundry customers, reflecting the platform's modular design that addresses challenges like high warpage and non-symmetric shapes while delivering high throughput and nanometer-level fidelity.

KLA Corporation expects the wafer fabrication equipment market to reach approximately $215 billion, plus or minus $20 billion, by 2030, outpacing broader semiconductor industry growth. The company projects the market will hit around $140 billion in calendar 2026, driven by artificial intelligence investments across foundry, logic, and memory. KLA’s process-control market share rose to 58% in 2025, up 360 basis points since 2021, supported by leadership in optical, e-beam, and mask inspection as well as advanced packaging. The company anticipates the process-control market will grow faster than overall wafer fabrication equipment, aided by advanced packaging, services growth of 13-15% annually, and more than 150 basis points of additional share gains over time. Competitors Onto Innovation and Nova also expect to outgrow the broader market, though KLA benefits from a wider franchise spanning inspection, metrology, advanced packaging, and services.