Tower Semiconductor Ltd (TSEM)
Tower Semiconductor Ltd., also known as TowerJazz, is an Israeli manufacturer of integrated circuits, specializing in high-value analog and specialty semiconductor solutions. Founded in 1993, the company serves a broad range of industries including automotive, consumer, industrial, medical, and communication markets, providing manufacturing services for fabless semiconductor companies and integrated device manufacturers. Tower Semiconductor is recognized for its advanced process technologies and global production facilities.
Company News
Xscape Photonics and Tower Semiconductor have developed the first on-chip, optically pumped, multi-wavelength laser source for AI datacenter interconnects, enabling high-performance, scalable optical fabrics with reduced complexity and cost.
Intel continues to reject takeover bids as it plans to keep its product unit despite AI market struggles. The company's foundry business could become a public spinoff, while it focuses on big wins like U.S. chip deals and AWS contracts.
The chip company's Q4 report and forward guidance suggest the stock could continue to climb.
The breakthrough in glass substrates adds another dimension to Intel's (INTC) 2.0 strategy and is likely to put it at the forefront of technological innovation.