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Tower Semiconductor Announces Third Quarter 2022 Earnings Release Date

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Tower Semiconductor (NASDAQ: TSEM) will announce its third quarter 2022 earnings on November 14, 2022. The company, a leader in high-value analog semiconductor solutions, has opted not to provide guidance for Q4 2022 due to its recent transaction with Intel. This decision also means there will be no accompanying earnings conference call. Tower Semiconductor specializes in integrated circuits for various markets, including automotive and medical, and operates multiple manufacturing facilities in Israel, the U.S., Japan, and Italy.

Positive
  • None.
Negative
  • No guidance provided for Q4 2022, indicating potential uncertainty.
  • Absence of an earnings conference call may limit investor insights.

MIGDAL HAEMEK, Israel – October 24, 2022Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its third quarter 2022 earnings on Monday, November 14, 2022.

In light of the previously announced transaction with Intel, Tower will not provide guidance for the fourth quarter 2022 and will not host an earnings conference call.

About Tower Semiconductor
Tower Semiconductor Ltd. (NASDAQ: TSEM, TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, provides technology and manufacturing platforms for integrated circuits (ICs) in growing markets such as consumer, industrial, automotive, mobile, infrastructure, medical, and aerospace and defense. Tower Semiconductor focuses on creating positive and sustainable impact on the world through long-term partnerships and its advanced and innovative analog technology offering, comprised of a broad range of customizable process platforms such as SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, integrated power management (BCD and 700V), and MEMS. Tower Semiconductor also provides world-class design enablement for a quick and accurate design cycle as well as process transfer services including development, transfer, and optimization, to IDMs and fabless companies. To provide multi-fab sourcing and extended capacity for its customers, Tower Semiconductor owns two manufacturing facilities in Israel (150mm and 200mm), two in the U.S. (200mm), two facilities in Japan (200mm and 300mm) which it owns through its 51% holdings in TPSCo and is sharing a 300mm manufacturing facility being established in Italy with ST Microelectronics. For information, please visit: www.towersemi.com.

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Contact Information:
Tower Semiconductor Investor Relations                        
Noit Levy, SVP Investor Relations                
noitle@towersemi.com         
+972 74 7377556                        

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FAQ

When will Tower Semiconductor release its Q3 2022 earnings?

Tower Semiconductor will release its Q3 2022 earnings on November 14, 2022.

Did Tower Semiconductor provide guidance for Q4 2022?

No, Tower Semiconductor has not provided guidance for Q4 2022 due to a transaction with Intel.

Will there be an earnings call after the Q3 earnings release?

No, Tower Semiconductor will not host an earnings conference call following the Q3 earnings release.

What markets does Tower Semiconductor serve?

Tower Semiconductor serves markets such as consumer, automotive, medical, and industrial.

Tower Semiconductor Ltd

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