BlackRock increased its investment in Nova, an Israeli manufacturer of semiconductor process control systems. The asset management giant acquired over $262 million (NIS 800 million) in shares since the start of 2026.
This move capitalizes on surging chip demand fueled by the artificial intelligence boom. Nova recently reported record financial results following years of substantial stock growth.
The investment signals a strategic bet on semiconductor industry growth and AI infrastructure. This substantial increase suggests a specific active investment decision beyond BlackRock's standard ETF holdings.