TSEM

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.

I maintain my Buy rating on Tower Semiconductor Ltd., but with more caution after the stock's almost 70% gain since my coverage. Q1 2026 was strong, with revenue up 15% YoY to $414M, net profit up 62% YoY to $65M, and Q2 guidance implying record revenue of $455M. The SiPho thesis keeps getting stronger for TSEM, with 3x YoY revenue growth, $1.3B of contractual 2027 SiPho revenue, and $290M in customer prepayments.

TSEM surged 23% post-earnings despite a revenue miss as margins and silicon photonics demand accelerated sharply. Non-GAAP EPS beat estimates by 14%, while operating profits nearly doubled due to higher-margin AI optics products. Management guided record Q2 revenue of $455 million and expects sequential revenue and profit growth throughout 2026.

Tower Semiconductor Ltd (NASDAQ:TSEM) experienced a significant Power Inflow alert, a key bullish indicator that is closely tracked by traders who value order flow analytics, specifically institutional and retail order flow data.

Tower Semiconductor NASDAQ: TSEM reported a sharp year-over-year increase in first-quarter 2026 profit and issued guidance for what it said would be the highest quarterly revenue in the company's history, driven by accelerating demand in silicon photonics and related technologies for AI data center infrastructure.

Tower Semiconductor Ltd. (TSEM) Q1 2026 Earnings Call Transcript