TS

Tower Semiconductor

TSEM
NASDAQInformation Technology
$268.53
USD
-18.33(-6.39%)
At close: Jun 16, 20:00 UTC

Open

$269.85

Prev. Close

$271.45

High

$269.85

Low

$268.19

Market Snapshot

Market Cap

$30.22B

P/E Ratio

123.2

EPS

1.87

Revenue

$1.44B

Why TSEM moved

Tower Semiconductor has signed a multi-year agreement with IQE to supply AI photonics, while successfully resolving ongoing patent disputes affecting their technology advancements.

About

Tower Semiconductor Ltd. engages in providing semiconductor solutions. The company is headquartered in Migdal Haemek, Northern (Hazafon) and currently employs 5,316 full-time employees. The firm focuses on producing integrated circuits (ICs) based on the design specifications of its customers. The firm manufactures semiconductors for its customers primarily based on third-party designs. The company offers process manufacture geometries of 0.35, 0.50, 0.55, 0.60, 0.80-micron and above on 150 millimeter wafers, 0.35, 0.18. 0.16, 0.13 and 0.11-micron on 200 millimeter wafers, and 65 nanometer and 45 nanometer on 300 millimeter wafers. The company also provides design support and technical services. The firm's ICs are incorporated into a range of products in markets, including consumer electronics, personal computers, communications, automotive, industrial and medical device products. The firm has manufacturing facilities in the United States, Israel and Japan.

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