Will Nova Ltd. (NVMI) Benefit from Increasing Use of AI?

Core Insights - Wasatch Global Investors reported a decline of -3.17% for its fund-Investor Class in Q3 2025, contrasting with a 12.19% gain for the Russell 2000 Growth Index, despite a strong rally in US small-cap equities supported by the Fed's interest rate cut [1] Company Performance - Nova Ltd. (NASDAQ:NVMI) achieved a one-month return of 10.13% and a remarkable 65.87% increase in share value over the past 52 weeks, closing at $315.84 per share with a market capitalization of $9.365 billion on December 12, 2025 [2] - Nova Ltd. reported record total revenues of $224.6 million in Q3 2025, reflecting a strong year-over-year growth of 25% [4] Investment Perspective - The investment strategy for Nova Ltd. is not based on thematic views but rather on its strong track record of earnings growth and the anticipated high demand for its products as semiconductor manufacturing becomes more complex [3] - Although Nova Ltd. is recognized for its potential, some analysts suggest that certain AI stocks may offer greater upside potential with less downside risk [4]