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Tower ( (TSEM) ) has shared an announcement.
On February 10, 2025, Tower Semiconductor announced its financial results for the fourth quarter and full year of 2024. The company reported a 5% quarter-over-quarter and 10% year-over-year revenue growth for Q4 2024, achieving $387 million in revenues. The full-year revenue for 2024 was $1.44 billion. The company also took steps to enhance efficiency by consolidating production flows between its facilities. The company’s strategic decisions and investments are aimed at sustaining growth and expanding market share, with a positive outlook for 2025.
More about Tower
Tower Semiconductor operates in the semiconductor industry, focusing on manufacturing integrated circuits through its advanced technology and production facilities. It serves various markets by providing specialized semiconductor solutions.
YTD Price Performance: -5.65%
Average Trading Volume: 739,808
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $5.4B
For detailed information about TSEM stock, go to TipRanks’ Stock Analysis page.
