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Tower Semiconductor/$TSEM

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About Tower Semiconductor

Tower Semiconductor Ltd is a pure-play specialty foundry that manufactures semiconductors. As a pure-play foundry, it focuses on producing integrated circuits (ICs) based on the design specifications of customers. The company's line of integrated circuits is incorporated into markets, including consumer electronics, personal computers, communications, automotive, and industrial and medical device products. It produces ICs alongside wholly-owned subsidiaries through fabrication facilities located in Japan. The company has a geographical presence in the USA, Japan, Asia (other than Japan), and Europe.
Ticker
$TSEM
Sector
Semiconductors
Primary listing
NASDAQ
Employees
5,613
Headquarters
Migdal Haemek, Israel

TSEM Metrics

BasicAdvanced
$18B
51.11
$3.11
0.96
-

What the Analysts think about TSEM

Analyst ratings (Buy, Hold, Sell) for Tower Semiconductor stock.
Analyst projections of the future price of Tower Semiconductor stock.

Bulls say / Bears say

Tower reported record second-quarter revenue of $460 million, up 24% year on year, and guided to record third-quarter revenue of $520 million, up 31% year on year at the midpoint. The results point to strong near-term growth and operating leverage. (Tower Semiconductor)
Tower has contracts for $1.3 billion of silicon photonics revenue in 2027 and received $290 million in customer prepayments to reserve capacity. It also reports further wafer commitments for 2028, giving the business unusual forward demand visibility. (Tower Semiconductor)
The silicon photonics platform is moving into volume production: Tower and NewPhotonics announced high-volume shipments for 800G and 1.6T optical engines. A separate multi-year SiGe capacity agreement with Semtech broadens evidence of demand for Tower’s data-centre connectivity technologies. (Tower Semiconductor, Tower Semiconductor)
Tower’s growth depends on a large capacity expansion, but its annual filing says equipment installation and qualification may not happen on time; it specifically cites vendor access problems linked to regional conflict. Delays could prevent the company from meeting customer demand as planned. (SEC)
Customer concentration leaves results exposed if a major buyer cuts orders or changes terms: Tower reported that NTCJ accounted for 11% of 2025 revenue and seven other customers together accounted for 39%. The large 2027 silicon photonics contracts are also with its largest customers. (SEC, Tower Semiconductor)
Tower’s $920 million capacity investment could become a burden if AI-related silicon photonics demand weakens: the company warns that lower demand or wafer prices could bring oversupply, underused capacity and pressure on margins. New capacity also carries fixed costs before utilisation ramps up. (SEC)
Data summarised monthly by Lightyear AI. Last updated on 30 Oct 2026.

TSEM Financial Performance

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TSEM Earnings Performance

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