On September 15, Nova Ltd fell 8.58% in regular trading, trading at $341.225 per share, with turnover of $69.90 million. The decline comes amid a broad selloff across the semiconductor equipment sector driven by escalating US-China trade friction and tightened semiconductor export controls.

On the news front, Morgan Stanley recently cut its target price on ASML from EUR 1,930 to EUR 1,700, citing valuation concerns and competitive dynamics in China, while UBS lowered its target on KLA from $215 to $200. These downgrades, combined with intensifying US export restrictions on semiconductor equipment, have triggered systematic selling pressure across the sector.

Within the Semiconductor Equipment sector, the overall industry remained under significant pressure. Among individual stocks, ASML Holding down 6.11%, Applied Materials down 6.04%, Lam Research down 7.23%, KLA Corporation down 5.93%, and Teradyne down 11.23%.

Nova Ltd is an Israel-based supplier of process control metrology systems for semiconductor manufacturers, providing optical and materials metrology solutions to improve yield and reduce manufacturing costs.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)