Tower Semiconductor

Tower Semiconductor Ltd. provides high value analog semiconductor solutions. The firm also offers technology and manufacturing platforms for integrated circuits (ICs) in growing markets such as consumer, industrial, automotive, mobile, infrastructure, medical and aerospace and defense. It 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. It 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. The company was founded in 1993 and is headquartered in Migdal Haemek, Israel.

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Tower Semiconductor adapts to market challenges, focuses on sustainable growth

Tower Semiconductor navigated market challenges in Q3 2023 with a revenue decline YoY but remains focused on sustainable growth. The company highlighted advancements in key business areas, announced organizational changes, and outlined strategic investments for future expansion.

Tower Semiconductor reports solid Q4 earnings, eyes growth opportunities

Tower Semiconductor's Q4 2023 performance reflects revenue growth, operational optimizations, and strong financials for strategic investments.
Despite challenges in transitioning operations and negative cash flow projections, the company remains optimistic about market expansion and growth opportunities.
With a focus on innovation, market recovery, and strategic investments, Tower Semiconductor aims to sustain growth and enhance its technological capabilities.

Tower Semiconductor posts strong Q1 results, eyes growth in key tech segments

Tower Semiconductor delivered solid financial performance in Q1 2024, driven by key revenue segments like RF Mobile and Silicon Photonics.
While facing challenges in fab utilizations and margin impacts, the company remains focused on growth opportunities in technology segments and the electronic vehicle market.
With strategic investments in CapEx and a commitment to operational efficiency, Tower Semiconductor aims for continued revenue growth and margin improvement.
Overall, Tower Semiconductor's Q1 performance reflects a balanced approach to navigating challenges and seizing growth opportunities in key market segments.

Tower Semiconductor reports solid Q3 earnings, eyes growth through technology

Tower Semiconductor's Q3 performance reflects steady growth and profitability, driven by strength in key segments and strategic investments in technology and capacity. While facing challenges in managing growth and potential M&A, the company is well-positioned to capitalize on opportunities for revenue expansion and market leadership.

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Weak industry conditions, a failure to close the merger, and geopolitical tensions have all weighed on Tower Semiconductor's prospects this year. TSEM is not sitting on its hands from the failed deal and has moved on to sign a new collaboration with Intel, which makes a lot of sense to us. There are signs that the worst is over, and TSEM could deliver solid operating leverage next year.

Tower Semiconductor: The Tide Could Turn Soon Enough

MIGDAL HAEMEK, Israel – October 23, 2023 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, will issue its third quarter 2023 earnings release on Monday, November 13, 2023. The Company will hold a conference call to discuss its third quarter 2023 financial results and fourth quarter 2023 guidance on Monday, November 13, 2023, 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 Semiconductor Announces Third Quarter 2023 Financial Results and Conference Call

Tower Semiconductor and Intel recently announced a new manufacturing partnership. Tower could get access to more affordable manufacturing expansion via Intel, and Intel could get much-needed cash.

After Intel's Failed Acquisition, Is Tower Semiconductor Stock a Buy?

Based on Tower's advanced 65nm Stacked BSI CIS platform with hybrid bonding for advanced ToF (Time-of-Flight) and Global Shutter sensors

Tower Semiconductor and Fortsense Introduce a Co-Developed Highly Advanced 3D Imager for LiDAR Applications

400G/800G Transceivers b uilt on Tower's p roduction PH18M Silicon Photonics p latform

Tower Semiconductor and InnoLight Partner to Develop Multi-Generation Silicon Photonics Based Optical Transceivers

Intel

Intel's attempted acquisition of Tower Semiconductor failed when China rejected the deal. Now Intel has partnered with Tower to provide specialty foundry U.S. manufacturing capacity and foundry services.

Intel Foundry Teams Up With Tower Semiconductor After Failed Acquisition

Two weeks after Intel said it would cancel its plan to acquire Tower Semiconductor for $5.4 billion amidst pushback from regulators, the two companies intend to work together anyway. Intel today said that it would provide foundry services and 300mm manufacturing capacity to Tower.

Intel and Tower ink major foundry deal, $300M investment after Intel cancels its $5.4B Tower acquisition

Intel Corp. INTC, +4.18% has struck an agreement with Tower Semiconductor TSEM, +0.86% through which Intel will provide foundry services and 300-millimeter manufacturing capacity, the companies said Tuesday. Tower plans to invest up to $300 million to acquire and own equipment and other assets that will be installed in Intel's New Mexico manufacturing facility.

Intel notches new foundry arrangement with Tower Semiconductor

SANTA CLARA, Calif. & MIGDAL HAEMEK, Israel--(BUSINESS WIRE)--Intel Foundry Services and Tower Semiconductor announce an agreement where Intel will provide foundry services and manufacturing capacity to Tower.

Intel Foundry Services and Tower Semiconductor Announce New US Foundry Agreement

Demonstrating superb performance with a 1.3Mp 7um pixel pitch sensor array with excellent response in the SWIR spectrum

Tower Semiconductor and TriEye Deliver Revolutionary CMOS-based SWIR Sensors for the Automotive ADAS Market

After the deadline to get China's approval passed, Intel and Tower called off their acquisition. It's likely a negative for both parties.

Why Tower Semiconductor Fell This Week

Intel agreed to acquire Tower Semiconductor in early 2022, but the deal has been terminated. This is a setback for Intel, but the company is still on track to become a major force in the foundry business.

Intel Can Succeed Without the Tower Semiconductor Acquisition

Did Intel's manufacturing endeavors just hit a major hurdle?

Should Intel Stock Investors Be Worried About Failed Tower Semiconductor Acquisition?

China has limited options to strike back in silicon war—but withholding deal approval is a big one.

Intel Shows Why Global Chip M&A Is off the Table

Intel terminated its proposed $5.4 billion buyout of Tower Semiconductor. Tower's future is uncertain, and the stock looks risky until more details emerge.

Intel's $5.4 Billion Bid for Tower Semiconductor Just Fell Through Thanks to Regulators. Is Either Stock a Buy?

MIGDAL HAEMEK, Israel, August 17, 2023 – Tower Semiconductor (NASDAQ: TSEM; TASE: TSEM) today announced it will hold an Investor and Analyst conference call to discuss business, technology focus, and growth drivers, on Tuesday, September 5, 2023, 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 Semiconductor Announces Investor and Analyst Conference Call

Intel has pulled out of a major acquisition of an Israeli chipmaker after failing to obtain the required regulatory approval.

Intel calls off $5.4 billion chip deal after failing to get regulatory approval

Intel Corporation (NASDAQ: INTC) ended more than 3.0% down on Wednesday after ditching plans of buying Tower Semiconductor Ltd for $5.4 billion. Why did Intel terminate the Tower deal today?

Intel scraps plans of buying Tower Semiconductor: find out more

Intel Corporation has terminated a $5.4 billion deal to buy Tower Semiconductor in Israel after failing to get needed regulatory approval, the US chip maker announced Wednesday.

Intel abandons $5.4 bn deal to buy Israel's Tower Semiconductor

Intel Corp. scrapped a $5.4 billion deal to acquire contract chipmaker Tower Semiconductor after the merger agreement expired without China giving regulatory approval.

Intel drops multibillion-dollar deal to buy Israeli chipmaker Tower Semiconductor

Intel Corp. and Tower Semiconductor Ltd. shares fell Wednesday after the chip companies called off an acquisition because Intel was unable to secure regulatory clearances in time, but few on Wall Street appeared to be mourning the loss.

Intel's Tower deal falls apart, but Wall Street doesn't seem too broken up about it

Intel called off a $5.4 billion deal to purchase Tower Semiconductor after it failed to secure timely regulatory approval from China.

Intel Terminates $5.4 Billion Deal To Buy Tower Semiconductor

Intel has canceled its planned purchase of Tower Semiconductor. Intel walked away from the deal because it couldn't get Chinese regulatory approval.

Why Tower Semiconductor Stock Is Sinking Today

Tower Semiconductor (NASDAQ: TSEM ) stock is taking a beating on Wednesday after the company's merger agreement with Intel (NASDAQ: INTC ) was terminated. The problem with the deal was Intel being unable to acquire regulatory approval from the Chinese government in a timely manner.

Tower Semiconductor (TSEM) Stock Tanks as Intel Abandons Deal

Tower Semiconductor (NASDAQ:TSEM) stock was priced 11% lower in Wednesday's early transactions after Intel Corporation (NASDAQ:INTC) dropped its acquisition of the chip foundry. Intel unexpectedly announced overnight it had axed the US$5.4 billion deal, agreed in late 2022, with unnamed sources near to the deal citing regulatory complications and potential integration challenges.

News for Tower Semiconductor Stock (TSEM)