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Tower Semiconductor Ltd - TSEM STOCK NEWS

Welcome to our dedicated page for Tower Semiconductor news (Ticker: TSEM), a resource for investors and traders seeking the latest updates and insights on Tower Semiconductor stock.

Tower Semiconductor Ltd. (NASDAQ: TSEM, TASE: TSEM) is a leading global manufacturer of analog integrated circuits, catering to over 300 customers worldwide. The company operates in diverse and rapidly growing markets such as consumer electronics, automotive, medical, industrial, and aerospace & defense. Tower Semiconductor specializes in advanced specialty technologies, including radio frequency (RF), high performance analog (HPA), integrated power management, CMOS image sensors, and mixed-signal/CMOS, as well as micro-electro-mechanical systems (MEMS) capabilities.

To support its customers' design needs, Tower Semiconductor provides world-class design enablement tools that ensure a swift and efficient design process. Additionally, the company offers Transfer Optimization and Development Process Services (TOPS™) to IDMs and fabless companies, helping them expand their capacity or secure second sourcing.

Tower Semiconductor operates several state-of-the-art manufacturing facilities across the globe. These include two fabs in Israel (150mm and 200mm), two in the U.S. (200mm), and three in Japan (two 200mm and one 300mm) through TowerJazz Panasonic Semiconductor Co. (TPSCo). This extensive network ensures multi-fab sourcing and global capacity assurance for their customers.

Recent achievements highlight Tower Semiconductor's commitment to innovation and excellence. The company continues to push the boundaries of analog technology, creating sustainable and long-lasting partnerships with clients. Their cutting-edge process platforms include SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, integrated power management (BCD and 700V), and MEMS. Tower Semiconductor is also known for its reliable design and technical support, assisting clients from the initial design phase through to full-scale manufacturing.

For the latest updates and detailed financial information about Tower Semiconductor, you can visit their official website or contact their Investor Relations team.

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Tower Semiconductor (TSEM) reports Q4 and full-year 2023 results with revenue of $352 million and $1.42 billion respectively. Operating profit for Q4 was $45 million, net profit was $54 million. Full-year 2023 net profit was $518 million. Tower Semiconductor guides Q1 2024 revenue to be $325 million with notable growth expected throughout the year.
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Tower Semiconductor (NASDAQ/ TASE: TSEM) will release its Q4 and fiscal year 2023 earnings on February 14, 2024, and hold a conference call to discuss financial results and Q1 2024 guidance. The call will be webcasted and accessible through the company's website or by phone.
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Tower Semiconductor (NASDAQ/TASE: TSEM) has announced a collaboration with Renesas to manufacture SiGe-based beamforming ICs, leveraging Tower's high-volume and high-performance SiGe BiCMOS technology. The Satcom terrestrial market is expected to grow to 150M users by 2031, with the rapid deployment of LEO satellite constellations driving exponential SAM growth for beamforming ICs. Renesas has achieved design wins by key worldwide players across 5G, satcom, and Aerospace & Defense markets, solidifying its market leadership.
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Tower Semiconductor (TSEM) provides an update on the recent earthquake in Japan, expressing relief that all employees are safe and reporting no impact or damage to its facilities. The company remains committed to ensuring the safety of its team and minimizing potential disruptions to manufacturing and customer service.
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Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) President, Dr. Marco Racanelli, to present at 26th Annual Needham Growth Conference. The presentation will take place on January 18, 2024, at Lotte New York Palace Hotel, and will be webcasted.
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Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports Q3 2023 results, including a capacity corridor agreement with Intel and revenue of $358 million. Net profit for Q3 is $342 million, including a $290 million net profit from a merger contract termination fee received from Intel. The company guides revenue for Q4 2023 to be $350 million.
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Tower Semiconductor to release Q3 2023 earnings and provide Q4 guidance on November 13, 2023
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Tower Semiconductor and Fortsense announce successful development of advanced 3D imager for LiDAR application based on dToF technology
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Tower Semiconductor and InnoLight Technology collaborate to develop high-speed optical transceivers based on Tower's Silicon Photonics process platform
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Intel and Tower Semiconductor announce an agreement for Intel to provide foundry services and manufacturing capacity to Tower in New Mexico. Tower will invest up to $300 million to acquire equipment for the facility, enabling capacity to support customer demand for 300mm advanced analog processing. This agreement demonstrates the commitment of both companies to expand their foundry footprints.
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FAQ

What is the current stock price of Tower Semiconductor (TSEM)?

The current stock price of Tower Semiconductor (TSEM) is $50.86 as of December 23, 2024.

What is the market cap of Tower Semiconductor (TSEM)?

The market cap of Tower Semiconductor (TSEM) is approximately 5.7B.

What does Tower Semiconductor Ltd. specialize in?

Tower Semiconductor specializes in manufacturing analog integrated circuits (ICs) for diverse markets, including consumer electronics, automotive, medical, industrial, and aerospace & defense.

What are some of Tower Semiconductor's key technologies?

Key technologies include radio frequency (RF), high performance analog (HPA), integrated power management, CMOS image sensors, mixed-signal/CMOS, and MEMS capabilities.

Where are Tower Semiconductor's manufacturing facilities located?

Tower Semiconductor operates manufacturing facilities in Israel, the U.S., and Japan, including two fabs in Israel, two in the U.S., and three in Japan through TPSCo.

What services does Tower Semiconductor offer to its customers?

Tower Semiconductor provides design enablement tools, Transfer Optimization and Development Process Services (TOPS™), and comprehensive design and technical support.

How does Tower Semiconductor ensure global capacity assurance?

The company ensures global capacity assurance through its multi-fab sourcing strategy, operating several manufacturing facilities across different countries.

What markets does Tower Semiconductor serve?

Tower Semiconductor serves various markets, including consumer electronics, automotive, medical, industrial, and aerospace & defense.

What is TOPS™ at Tower Semiconductor?

TOPS™ stands for Transfer Optimization and Development Process Services, which helps IDMs and fabless companies expand their capacity or secure second sourcing.

How does Tower Semiconductor support its clients' design processes?

The company provides world-class design enablement tools and integrated support teams to aid clients from the design phase through to manufacturing.

What are some of the process platforms offered by Tower Semiconductor?

Tower Semiconductor offers process platforms such as SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensors, non-imaging sensors, integrated power management (BCD and 700V), and MEMS.

Where can I find more information about Tower Semiconductor?

More information can be found on the company's official website or by contacting their Investor Relations team.

Tower Semiconductor Ltd

Nasdaq:TSEM

TSEM Rankings

TSEM Stock Data

5.66B
106.18M
63.27%
0.98%
Semiconductors
Technology
Link
United States of America
Migdal Haemek