Tower Semiconductor signs $1.3B silicon photonics contracts for 2027
Customer prepayments of $290M received, with larger 2028 commitments expected.
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Analog semiconductor foundry
towersemi.comLast updated
In short: Tower Semiconductor surpassed financial forecasts and secured $1.3 billion in AI-related chip contracts as its growth outlook turned positive.
Customer prepayments of $290M received, with larger 2028 commitments expected.
Revenue reached $414M, net profit $65M, and Q2 guidance forecasts record $455M.
The call is scheduled for May 13, 2026, with webcast replay for 90 days, and Q2 guidance will be provided.
The expansion supports TPSCo transition and strengthens optical and photonics platforms, enabling growth in high-value technologies.
Find short opportunities with our comprehensive short interest analysis and potential squeeze indicators for tactical trading. During the first quarter 2026 earnings call, Tower Semiconductor...
The company had quite an impressive first quarter.
On May 14, 2026, Susquehanna increased its price target for Tower Semiconductor (TSEM) to $330 from $180, maintaining a Positive rating after the company's firs...
Tower Semiconductor beat Wall Street's targets for the first quarter and with its outlook for Q2. TSEM stock jumped.
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