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Tower Semiconductor Ltd - $TSEM STOCK NEWS

Welcome to our dedicated page for Tower Semiconductor news (Ticker: $TSEM), a resource for investors and traders seeking the latest updates and insights on Tower Semiconductor stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Tower Semiconductor's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Tower Semiconductor's position in the market.

Rhea-AI Summary
Tower Semiconductor (TSEM) President to attend Susquehanna Technology Conference on February 29, 2024 in New York
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.59%
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conferences
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Rhea-AI Summary
Tower Semiconductor (TSEM) reports Q4 and full-year 2023 results with revenue of $352 million and $1.42 billion respectively. Operating profit for Q4 was $45 million, net profit was $54 million. Full-year 2023 net profit was $518 million. Tower Semiconductor guides Q1 2024 revenue to be $325 million with notable growth expected throughout the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.35%
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-
Rhea-AI Summary
Tower Semiconductor (NASDAQ/ TASE: TSEM) will release its Q4 and fiscal year 2023 earnings on February 14, 2024, and hold a conference call to discuss financial results and Q1 2024 guidance. The call will be webcasted and accessible through the company's website or by phone.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.03%
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Rhea-AI Summary
Tower Semiconductor (NASDAQ/TASE: TSEM) has announced a collaboration with Renesas to manufacture SiGe-based beamforming ICs, leveraging Tower's high-volume and high-performance SiGe BiCMOS technology. The Satcom terrestrial market is expected to grow to 150M users by 2031, with the rapid deployment of LEO satellite constellations driving exponential SAM growth for beamforming ICs. Renesas has achieved design wins by key worldwide players across 5G, satcom, and Aerospace & Defense markets, solidifying its market leadership.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.88%
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none
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Rhea-AI Summary
Tower Semiconductor (TSEM) provides an update on the recent earthquake in Japan, expressing relief that all employees are safe and reporting no impact or damage to its facilities. The company remains committed to ensuring the safety of its team and minimizing potential disruptions to manufacturing and customer service.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
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none
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Rhea-AI Summary
Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) President, Dr. Marco Racanelli, to present at 26th Annual Needham Growth Conference. The presentation will take place on January 18, 2024, at Lotte New York Palace Hotel, and will be webcasted.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2%
Tags
conferences
Rhea-AI Summary
Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports Q3 2023 results, including a capacity corridor agreement with Intel and revenue of $358 million. Net profit for Q3 is $342 million, including a $290 million net profit from a merger contract termination fee received from Intel. The company guides revenue for Q4 2023 to be $350 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.87%
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-
Rhea-AI Summary
Tower Semiconductor to release Q3 2023 earnings and provide Q4 guidance on November 13, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.19%
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Rhea-AI Summary
Tower Semiconductor and Fortsense announce successful development of advanced 3D imager for LiDAR application based on dToF technology
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Rhea-AI Summary
Tower Semiconductor and InnoLight Technology collaborate to develop high-speed optical transceivers based on Tower's Silicon Photonics process platform
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
Tags
partnership
Tower Semiconductor Ltd

Nasdaq:TSEM

TSEM Rankings

TSEM Stock Data

4.07B
103.65M
64.55%
0.65%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States of America
Migdal Haemek

About TSEM

towerjazz manufactures analog integrated circuits for more than 300 customers worldwide in growing markets such as consumer, automotive, medical, industrial, and aerospace & defense, among others. we provide advanced specialty technologies including radio frequency (rf), high performance analog (hpa), integrated power management, cmos image sensors, and mixed-signal/cmos as well as micro-electro-mechanical systems (mems) capabilities. in addition, we provide world-class design enablement tools for the quickest path to design success. we also offer transfer optimization and development process services (tops™) to idms and fabless companies to expand capacity or provide second sourcing. to provide multi-fab sourcing and global capacity assurance for our customers, towerjazz operates two manufacturing facilities in israel (150mm and 200mm), two in the u.s. (200mm) and three additional facilities in japan (two 200mm and one 300mm) through towerjazz panasonic semiconductor co. (tpsco), esta