On April 29, NovaSense published the minutes from its investor relations event. The minutes disclosed that the company attained unprecedented revenue levels in the first quarter of 2026, showcasing significant growth in both the automotive electronics and pan-energy sectors. The pan-energy sector, in particular, witnessed swift progress, propelled by the rapid expansion of the energy storage market, a notable uptick in demand for AI server power supplies, and the industrial inventory replenishment cycle.

Presently, NovaSense has forged partnerships with numerous premier clients in the AI server power supply domain. Revenue from digital power supply applications related to this sector demonstrated swift growth on both a year-over-year and quarter-over-quarter basis in the first quarter of 2026. Looking forward, the company is set to prioritize AI power supply as a core business focus and will undertake early strategic planning.

Concerning price trends within the semiconductor analog industry, NovaSense cited factors such as escalating commodity costs, inventory replenishment cycles, and capacity limitations stemming from AI demand as drivers for price increases. The company has already distributed price increase notices and has made headway in negotiations with its top-tier clients. These efforts are anticipated to bolster the company's profitability.