Tower Semiconductor Ltd
TSEMTower 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
U.S. stock markets rallied on July 14, 2026, as inflation cooled to 3.5%, matching 2020 lows and boosting growth stocks. The Nasdaq Composite rose 1.06%, while the S&P 500 gained 0.49%. IBM plunged 24% on earnings concerns, while CleanSpark and Tower Semiconductor surged on major infrastructure and expansion announcements. Banking stocks showed m...
Tower Semiconductor announced it will release its second quarter 2026 earnings on August 4, 2026, followed by a conference call at 10:00 a.m. Eastern Time to discuss financial results and provide third quarter 2026 guidance. The call will be webcast and available for replay for 90 days.
Tower Semiconductor and Marvell Technology announced they have shipped over 5 million coherent photonic integrated circuits (PICs) for AI data center applications. Tower is expanding its silicon photonics capacity fivefold by end of 2026 and signed a multi-year supply deal with IQE for Indium Phosphide epiwafers. The stock is trading near 52-week...
U.S. stock futures advanced on Monday with the S&P 500, Dow Jones, and Nasdaq 100 all rising. Markets are awaiting the Federal Reserve's interest rate decision on Wednesday under new chairman Kevin Warsh. Key gainers include Micron Technology (up 8.19% on analyst upgrade), Taiwan Semiconductor Manufacturing (up 3.77% on strong revenue growth), To...
Tower Semiconductor (NASDAQ: TSEM) announced a multi-year supply agreement with IQE plc for Indium Phosphide (InP) epiwafers to support silicon photonics and AI-driven data center infrastructure. The stock rose 5.16% in premarket trading, approaching its 52-week high of $302.86. The company carries a Buy rating with an average price target of $27...
