Nova (NVMI) Q1 FY26 earnings call

Nova delivered a record Q1 FY26, driven by strong demand in memory, particularly advanced DRAM, and advanced packaging, alongside significant market share gains. The company is strategically investing in capacity expansion and R&D to capitalize on AI-driven industry growth and increasing metrology intensity, while navigating supply chain pressures and a dynamic China market. Management expects continued momentum with higher performance in the second half of the year.