NVMI lifts 2026 WFE growth outlook; $200M buyback announced
NVMI revised 2026 WFE growth upward, citing AI and advanced logic. Advanced packaging and new products support growth, while gross margins are strong and operational leverage is increasing; it announced a $200 million buyback.
WFE growth for 2026 is being revised upward, driven by AI and advanced logic, with advanced packaging and new products contributing to business growth. Gross margins are strong and operational leverage is increasing, while a $200 million buyback was announced. The company also cited expansion in manufacturing and supply chain agility.