Tower (TSEM) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Tower Semiconductor has commenced volume production of 1.6Tbps optical transceivers using its advanced Silicon Photonics platform, catering to the increasing demand for faster and higher-capacity solutions in AI, cloud computing, and data centers. This new platform achieves double the data rates compared to existing technology, with innovations developed in collaboration with several Tier 1 customers. The company’s cutting-edge solutions are expected to significantly impact the high-speed data communications market.
For further insights into TSEM stock, check out TipRanks’ Stock Analysis page.