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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 and TriEye release breakthrough SWIR sensor for automotive ADAS and industrial markets
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Tower Semiconductor to hold Investor and Analyst conference call on September 5, 2023
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Tower Semiconductor announces termination of merger agreement with Intel Corporation. Intel will pay Tower a reverse termination fee of $353 million.
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Intel terminates agreement to acquire Tower Semiconductor due to regulatory approval delays; will pay a termination fee of $353 million. Intel's foundry efforts are crucial for its IDM 2.0 strategy. Intel Foundry Services (IFS) has gained traction with customers and partners, with over 300% YoY revenue increase in Q2 2023. Intel has recently partnered with Synopsys, won a U.S. Department of Defense contract, and signed agreements with Arm and MediaTek.
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Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports Q2 2023 results, with revenue of $357 million, a slight increase from the previous quarter, but a decrease from Q2 2022. Gross profit, operating profit, and net profit all decreased compared to Q1 2023 and Q2 2022. Cash flow from operating activities increased to $75 million. The company will not provide revenue guidance for Q3 2023 due to its agreement with Intel Corporation.
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Tower Semiconductor (NASDAQ/TASE: TSEM) is set to release its first quarter 2023 earnings on May 15, 2023. In a recent announcement, the company stated that it will not provide guidance for the second quarter of 2023 and will not hold an earnings conference call due to its ongoing transaction with Intel. Tower Semiconductor is recognized as a leading foundry specializing in high-value analog semiconductor solutions, catering to various growth sectors including consumer, industrial, automotive, and medical markets. The company operates multiple manufacturing facilities globally, ensuring extensive sourcing and capacity for its products. For further information, visit towersemi.com.

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Tower Semiconductor (NASDAQ/TASE: TSEM) and Teramount have announced a collaboration to advance optical connectivity solutions for high-bandwidth applications. Utilizing Teramount's ‘PhotonicPlug’ technology and Tower’s ‘Bump-ready’ silicon photonic wafers, this partnership aims to simplify assembly and improve scalability in data transport solutions for datacenters and telecom networks. The ‘Bump-ready’ wafers integrate seamlessly with the ‘PhotonicPlug’ connectors, addressing critical bottlenecks in the adoption of silicon photonics. This innovation is set to enhance the production of devices like transceivers and high-bandwidth switches, essential for emerging applications in AI and sensors.

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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