“What customers want borders on science fiction”
Nova CEO Gaby Waisman discusses the company's rapid growth driven by the semiconductor industry's increasing complexity and demand for AI-related hardware. The company has seen a significant rise in market cap, positioning it among Israel's most valuable firms.
Why it matters
Nova's success reflects the broader global economic trend of surging demand for semiconductor measurement systems essential for AI and high-performance computing.
A little more than three years ago, Gabriel (Gaby) Waisman took up his position as CEO of Nova. Since then, he hasn’t had a dull moment. A combination of developments in the industry and investments in AI that increased demand for the company' s products, coming at the same time as the outbreak of the war in Israel, and leading to a 54% growth in revenue, an 85% jump in net profit, and a 5.5 times increase in market cap. Earlier this month (on June 16), in his first interview since taking office, Waisman discussed with "Globes" the company's potential, challenges and future.
The article is a business profile based on an interview, focusing on market performance and industry trends.
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