Tower Semiconductor specializes in high-value analog semiconductor solutions, producing integrated circuits based on customer designs across various process geometries on different wafer sizes. Its ICs serve markets like consumer electronics, automotive, and medical devices.
TSEM has been in the news recently: Tower Semiconductor Ltd (NASDAQ: TSEM) reported a 9% year-on-year revenue growth, reaching $358.17 million, which slightly surpassed analyst expectations. This positive financial performance occurred alongside a rise in U.S. stocks, including a 100-point increase in the Nasdaq Composite.
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