Ezra Weiner's questions to Nova Ltd (NVMI) leadership • Q4 2024
Question
Ezra Weiner questioned Nova's view on the competitive market for High-Bandwidth Memory (HBM) and the long-term outlook for its China revenue, which is currently a high percentage of sales.
Answer
President and CEO Gabriel Waisman explained that while advanced packaging is growing significantly, the HBM opportunity is still in its early stages for dimensional metrology but shows strong growth potential. He also stated that while China constituted 39% of 2024 sales, its share is expected to decline in 2025 as growth shifts towards advanced nodes in other regions.