Tower Semiconductor is a leading specialty foundry that focuses on manufacturing advanced semiconductor solutions for a diverse range of applications, including automotive, consumer electronics, and industrial markets
The company provides a broad array of processes and technologies, enabling clients to develop innovative products by utilizing its expertise in analog, mixed-signal, and radio frequency integrated circuits. By partnering with various technology companies, Tower Semiconductor supports the design and production of cutting-edge electronics, ensuring high quality and efficiency in its manufacturing processes.
TSEM noted that it has stopped discontinued production of chips using the legacy and lower margin Fab 1 process – it has moved to the higher margin Fab 2 process now.
Shares of Tower Semiconductor Inc. (NASDAQTSEM) are trading higher following Monday's AI-related market rout triggered by DeepSeek's announcement of its advanced language model.
Tower Semiconductor (TSEM) reported 3.4% revenue growth and $0.57 EPS, beating analyst estimates. It plans to invest $350 million to expand capacity and enhance SiPho and SiGe capabilities.
Intel rejects proposed takeover from Arm Holdings and plans to keep its business division. Intel's stock drops 31% while Taiwan Semiconductor gains 119%.
The hundreds of AI stocks have been reduced to 31 pure-play stocks in 7 categories and put into 7 portfolios which are tracked on a weekly basis. What follows is a summary of their performances this week.
Of the hundreds of AI-related stocks trading on various exchanges around the world, we've put 31 pure-play stocks trading on Canadian or American exchanges in 7 categories and track them weekly.
There are only 4 pure-play semiconductor foundries trading on U.S. stock exchanges and they are outlined in this article as to their stock performances in June, and YTD along with their current market capitalizations and market shares:
The Israel-Hamas War has only adversely affected the stock returns of 6 of the 15 small cap Israeli- domiciled companies listed on U.S. exchanges but, In total, their returns have exceeded those of both the Nasdaq and the S&P 500 as of yesterday.
