Tower ( (TSEM) ) has issued an announcement.
On March 10, 2025, Tower Semiconductor and Innolight announced an expansion of their collaboration to ramp up the production of next-generation Silicon Photonics (SiPho) solutions for AI and data centers. This new technology significantly reduces the number of lasers required per module, enhancing cost and supply chain efficiency. The partnership aims to address the growing demand for high-speed optical connectivity in AI-driven data centers, offering solutions that improve scalability, performance, and cost-effectiveness. The collaboration underscores Tower’s commitment to innovation and leadership in the semiconductor industry, while providing Innolight with superior performance and supply chain resilience for its hyperscale customers.
More about Tower
Tower Semiconductor Ltd. is a leading foundry of high-value analog semiconductor solutions, offering technology, development, and process platforms across various markets including consumer, industrial, automotive, mobile, infrastructure, medical, and aerospace and defense. The company focuses on creating sustainable impact through advanced analog technology offerings, providing customizable process platforms such as SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, photonics, and MEMS. Tower Semiconductor operates facilities in Israel, the U.S., Japan, and collaborates with STMicroelectronics in Italy, with access to additional capacity in Intel’s New Mexico factory.
YTD Price Performance: -23.76%
Average Trading Volume: 772,158
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $4.37B
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