NVE CORP /NEW/

NVE Corporation designs and manufactures spintronic devices, utilizing nanotechnology that depends on electron spin rather than charge to acquire, store, and transmit data. Its primary offerings include spintronic sensors, couplers, and power products such as voltage regulators and isolated DC-to-DC converters, alongside proprietary designs for magnetoresistive random-access memory. These components serve applications across factory automation, the Industrial Internet of Things, the Artificial Intelligence of Things, energy conversion, and implantable medical equipment. The company sells both standard catalog items and customized solutions directly to medical device makers and through distributor channels.

Operating from a domestic cleanroom facility in the United States, the business manages in-house wafer fabrication and testing while using overseas partners for specific packaging and dicing operations. It sells its products globally, serving customers in more than 75 countries via international distributors and brand partnerships. The organization maintains its corporate headquarters in a suburb of Minneapolis, Minnesota.

Summary of the business section of NVE's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“We had 42 employees as of March 31, 2026, 40 of whom were full-time.”