Latest Tower Semiconductor News & Updates
See the latest news and media coverage for Tower Semiconductor. We track all announcements, press releases, and industry mentions in real time, all in one place.
Analog semiconductor foundry
towersemi.com- Headquarters
- Migdal Haemek, Israel
- Founded year
- 1993
- Company type
- Public company
- Number of employees
- 5,000–10,000
Last updated
Latest news about Tower Semiconductor
In short: Tower Semiconductor surpassed financial forecasts and secured $1.3 billion in AI-related chip contracts as its growth outlook turned positive.
Company announcements
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Tower Semiconductor signs $1.3B silicon photonics contracts for 2027
Customer prepayments of $290M received, with larger 2028 commitments expected.
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Tower Semiconductor reports 15% year-over-year revenue growth
Revenue reached $414M, net profit $65M, and Q2 guidance forecasts record $455M.
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Tower Semiconductor announces Q1 2026 earnings call
The call is scheduled for May 13, 2026, with webcast replay for 90 days, and Q2 guidance will be provided.
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Tower Semiconductor announces plans to expand 300mm capacity in Japan
The expansion supports TPSCo transition and strengthens optical and photonics platforms, enabling growth in high-value technologies.
Media coverage
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TSEM Maintained by Susquehanna -- Price Target Raised to $330
On October 25, 2023, Susquehanna maintained a 'Positive' rating on Tower Semiconductor (TSEM) while significantly raising the price target from $180 to $330, a...
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Tower Semiconductor gets boost from AI infrastructure business
Tower Semiconductor beat Wall Street's targets for the first quarter and with its outlook for Q2. TSEM stock jumped.
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Why Tower Semiconductor Stock Climbed Today
Shares of Tower Semiconductor (NASDAQ: TSEM) spiked on Wednesday after the Israel-based provider of specialty foundry services issued an upbeat growth...
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Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals
Tower Semiconductor on Wednesday forecast second-quarter revenue above estimates and said it landed ...
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