
When artificial intelligence (AI) models scale, they inevitably run into a hard physical limit. Modern data centers currently rely on traditional copper wiring to connect servers and graphics processing units.
Tower Semiconductor Ltd., an independent semiconductor foundry, manufactures and markets mixed-signal intensive analog semiconductor devices in the United States, Japan, Asia and Europe. The company is headquartered in Migdal Haemek, Israel.
| Revenue (TTM) | $1.62B |
| Gross Profit (TTM) | $401.63M |
| EBITDA | $537.65M |
| Operating Margin | 15.60% |
| Return on Equity | 8.69% |
| Return on Assets | 4.15% |
| Revenue/Share (TTM) | $14.45 |
| Book Value | $26.42 |
| Price-to-Book | 8.48 |
| Price-to-Sales (TTM) | 14.15 |
| EV/Revenue | 14.68 |
| EV/EBITDA | 40.52 |
| Quarterly Earnings Growth (YoY) | 62.90% |
| Quarterly Revenue Growth (YoY) | 15.50% |
| Shares Outstanding | $113.03M |
| Float | $112.11M |
| % Insiders | 0.54% |
| % Institutions | 78.87% |
Volatility is currently contracting

When artificial intelligence (AI) models scale, they inevitably run into a hard physical limit. Modern data centers currently rely on traditional copper wiring to connect servers and graphics processing units.

Tower Semiconductor (NASDAQ:TSEM) shares rose 13% on Tuesday after the company announced a strategic expansion of its silicon photonics, silicon germanium (SiGe), and advanced packaging capabilities in Japan with support from the Japanese government. The semiconductor foundry said the dual-track expansion plan is designed to significantly increase manufacturing capacity and support growing customer demand, particularly from artificial intelligence and data center applications requiring next-generation optical connectivity.

Tower Semiconductor stock surges after the chips manufacturer announces plans for a $3 billion expansion in Japan.

The Israeli chip manufacturer said it will spend $3 billion on expanding its chip production in Japan, with $1 billion coming from a Japanese government grant.

Tower announced a parallel dual-track strategic expansion of its 300mm SiPho, SiGe, and advanced packaging capabilities in Japan, with support from METI.

MIGDAL HAEMEK, Israel – July 7, 2026 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its second quarter 2026 earnings release on Tuesday, August 4, 2026. The Company will hold a conference call to discuss its second quarter 2026 financial results and third quarter 2026 guidance on Tuesday, August 4, 2026, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time).

Tower's advanced silicon photonics platform enables high-bandwidth, energy-efficient data center connectivity

Tower Semiconductor (NASDAQ:TSEM) shares surged nearly 9% after the company signed a multi-year indium phosphide epiwafer supply agreement with IQE, targeting the fast-growing AI data center optical connectivity market. Under the deal, IQE will supply InP epiwafers to support Tower's advanced silicon photonics platforms, including 200Gbps/lane pluggable transceivers and prototyping of 400Gbps/lane modulators, as well as optical circuit switches.

Shares of Tower Semiconductor Ltd (NASDAQ:TSEM) rose sharply in pre-market trading.

CARDIFF, UK, and MIGDAL HAEMEK, Israel, June 15 2026 - IQE plc (AIM: IQE, "IQE" or the "Group"), the leading global supplier of compound semiconductor wafer products and advanced material solutions, and Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry for high-value analog semiconductor solutions, are pleased to announce a multi-year agreement for the supply of Indium Phosphide (InP) epiwafers for optical connectivity solutions serving AI-driven data centre infrastructure.
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