REHOVOT, Israel, March 18,
2025 /PRNewswire/ -- Nova (Nasdaq: NVMI) today
announced that its co-authored paper with Samsung Electronics on
"On-Cell Thickness Monitoring of Chalcogenide Alloy Layer using
Spectral Interferometry, Raman Spectroscopy, and Hybrid Machine
Learning" has been selected as the winner of the Vladimir
Ukraintsev Award for "Collaborations in Metrology" at SPIE's 2024
Advanced Lithography + Patterning Conference.
The award was granted to Nova and Samsung on the opening day of
the 2025 conference. The paper is a result of continuous
collaboration between the companies to explore innovative
approaches to metrology in advanced chip manufacturing. The paper
demonstrates the application of Nova's novel technologies in
advanced process control by utilizing its unique and differentiated
solutions.
The thickness of the chalcogenide Ovonic Threshold Switching
(OTS) layer is one of the most critical parameters for the
Selector-Only Memory (SOM) process control. In this work, we
successfully demonstrated an alternative approach to enable precise
monitoring and control of the chalcogenide layer using hybrid
metrology consisting of Spectral Interferometry, Raman Spectroscopy
and Machine Learning algorithms. The paper details how these
advanced techniques were applied to achieve accurate thickness
monitoring, ensuring optimal performance and reliability of SOM
devices.
"We are honored to receive this prestigious award in
collaboration with Samsung Electronics," said Dr. Shay Wolfling,
Chief Technology Officer of Nova. "This collaboration showcases
Nova's capability to leverage its unique innovative technologies,
facilitating process control in the most advanced semiconductor
devices. We continue to expand our solutions and enhance synergies
within our portfolio, in collaboration with our leading customers,
to address the growing challenges in advanced node
manufacturing."
About Nova
Nova is a leading innovator and key provider of material,
optical and chemical metrology solutions for advanced process
control in semiconductor manufacturing. Nova delivers continuous
innovation by providing state-of-the-art, high-performance
metrology solutions for effective process control throughout the
semiconductor fabrication lifecycle. Nova's product portfolio,
which combines high-precision hardware and cutting-edge software,
provides its customers with deep insight into developing and
producing the most advanced semiconductor devices. Nova's unique
capability to deliver innovative solutions enables its customers to
improve performance, enhance product yields, and accelerate time to
market. Nova acts as a partner to semiconductor manufacturers from
its offices worldwide. Additional information may be found
on Nova's website link - https://www.novami.com/.
Nova is traded on the Nasdaq and TASE, Nasdaq ticker symbol
NVMI.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of safe harbor provisions of the Private Securities
Litigation Reform Act of 1995 relating to future events or our
future performance, such as statements regarding, but not limited
to, anticipated growth opportunities and projections about our
business and its future revenues, expenses and profitability.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause our actual results,
levels of activity, performance or achievements to differ
materially from any future results, levels of activity, performance
or achievements expressed or implied in those forward-looking
statements. Factors that may affect our results, performance,
circumstances or achievements include, but are not limited to, the
following: risks related to information technology security
threats, sophisticated computer crime, and data privacy; foreign
political and economic risks including supply-chain difficulties;
regulations that could restrict our operations such as economic
sanctions and export restrictions; changes in U.S. trade policies
and taxation; indirect effects of the Russia – Ukraine conflict; market instability including
inflation and recessionary pressures; risks related to doing
business with China; catastrophic
events; inability to protect our intellectual property; open source
technology exposure, including risks related to artificial
intelligence; risks related to the use of artificial intelligence
technologies; challenges related to our new ERP system; failure to
compete effectively or to respond to rapid technological changes;
consolidation in our industry; difficulty in predicting the length
and strength of any downturn or expansion period of the market we
target; factors that adversely affect the pricing and demand for
our product lines; dependency on a small number of large customers;
dependency on a single manufacturing facility per product line;
dependency on a limited number of suppliers; difficulty in
integrating current or future acquisitions; lengthy sales cycle and
customer delays in orders; risks related to conditions in
Israel, including Israel's conflicts with Hamas and other
parties in the region; risks related to our convertible notes;
currency fluctuations; and quarterly fluctuations in our operating
results. We cannot guarantee future results, levels of activity,
performance or achievements. The matters discussed in this press
release also involve risks and uncertainties summarized under the
heading "Risk Factors" in Nova's Annual Report on Form 20-F for the
year ended December 31, 2024, filed
with the Securities and Exchange Commission on February 20, 2025. These factors are updated from
time to time through the filing of reports and registration
statements with the Securities and Exchange Commission. Nova Ltd.
does not assume any obligation to update the forward-looking
information contained in this press release.
Company Contact:
Guy Kizner, Chief Financial Officer
Tel: +972-73-229-5760
E-mail - investors@novami.com
Nova website link - https://www.novami.com/
Investor Relations Contact:
Miri Segal MS-IR LLC
E-mail - msegal@ms-ir.com
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SOURCE Nova
