Tower Semiconductor Ltd. (TSEM)
Market Cap | 3.54B |
Revenue (ttm) | 1.42B |
Net Income (ttm) | 518.49M |
Shares Out | 110.83M |
EPS (ttm) | 4.66 |
PE Ratio | 6.65 |
Forward PE | 18.52 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 394,044 |
Open | 31.18 |
Previous Close | 30.99 |
Day's Range | 31.13 - 31.95 |
52-Week Range | 21.43 - 45.87 |
Beta | 0.94 |
Analysts | Strong Buy |
Price Target | 36.00 (+12.71%) |
Earnings Date | May 13, 2024 |
About TSEM
Tower Semiconductor Ltd., an independent semiconductor foundry, focus on specialty process technologies to manufacture analog intensive mixed-signal semiconductor devices in Israel, the United States, Japan, Europe, and internationally. It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS. The Company also provides design enablement platform for quick and accurate design cycle, as well as transfer optimization and development process s... [Read more]
Financial Performance
In 2023, TSEM's revenue was $1.42 billion, a decrease of -15.20% compared to the previous year's $1.68 billion. Earnings were $518.49 million, an increase of 95.98%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for TSEM stock is "Strong Buy." The 12-month stock price forecast is $36.0, which is an increase of 12.71% from the latest price.
News
Tower Semiconductor to Participate at OFC 2024 Highlighting Company's Recent Developments in Silicon Germanium and Silicon Photonics Technologies
MIGDAL HAEMEK, Israel, March 21, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced its participation at upcoming 2024 OF...
Tower Semiconductor Awarded by Northrop Grumman for Supplier Excellence
MIGDAL HAEMEK, Israel, March 20, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced that Northrop Grumman Corporation (NY...
Coherent Awards Tower Semiconductor as an Outstanding Innovation and Technology Supplier for Silicon Photonics based Products
Tower's silicon photonics technology to be deployed by Coherent across multiple data rates for high-speed optical transceivers
Tower Semiconductor and Tianyi Micro Announce Strategic Cooperation in Development of Next Generation OLED Micro Displays for AR/VR
Addressing the growing Chinese and global market needs for advanced AR/VR solutions Based on Tower's high yield, dedicated process for micro display backplane, supporting current-driven OLED pixel des...
Tower Semiconductor to Present at APEC 2024 Highlighting Company's Recent Developments in BCD Technology
Addressing high voltage, high power BCD technologies for smart power applications MIGDAL HAEMEK, Israel, February 22, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value ...
Tower Semiconductor to Attend the Susquehanna Technology Conference in New York
MIGDAL HAEMEK, Israel, February 20, 2024 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced that its President, Dr. Marco Rac...
Tower Semiconductor's Q4 revenue drops on softening demand for auto chips
Israel-based contract chipmaker Tower Semiconductor posted a decline in its fourth-quarter revenue on Wednesday, hurt by uncertainty in demand from the automotive sector.
Tower Semiconductor Reports 2023 Fourth Quarter and Full Year Financial Results
MIGDAL HAEMEK, Israel, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports today its results for the fourth quarter and for the year ended December 31, 2023.
Tower Semiconductor Announces Fourth Quarter and Fiscal Year 2023 Financial Results and Conference Call
MIGDAL HAEMEK, Israel – January 24, 2024 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, will issue its fourth quarter and fiscal year 202...
Tower Semiconductor Collaborates with Renesas to Manufacture SiGe-based Beamforming ICs for Tier-1 Customers in Satcom, 5G, and Aerospace & Defense Applications
The Satcom terrestrial market is expected to grow to 150M users by 2031 according to Euroconsult with the expansion of global satellite-based internet services
Tower Semiconductor Update Following Recent Earthquake in Japan
MIGDAL HAEMEK, Israel, Jan. 02, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leader in high-value analog semiconductor foundry solutions,), the leading foundry of high-value analog semiconduct...
Tower Semiconductor to Present at the 26th Annual Needham Growth Conference in New York
MIGDAL HAEMEK, Israel, Dec. 11, 2023 (GLOBE NEWSWIRE) – Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced that its Pres...
Tower Semiconductor Reports 2023 Third Quarter Financial Results
MIGDAL HAEMEK, Israel, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports today its results for the third quarter ended September 30, 2023.
Tower Semiconductor Announces Third Quarter 2023 Financial Results and Conference Call
MIGDAL HAEMEK, Israel – October 23, 2023 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, will issue its third quarter 2023 earnings releas...
Tower Semiconductor and Fortsense Introduce a Co-Developed Highly Advanced 3D Imager for LiDAR Applications
Based on Tower's advanced 65nm Stacked BSI CIS platform with hybrid bonding for advanced ToF (Time-of-Flight) and Global Shutter sensors
Tower Semiconductor and InnoLight Partner to Develop Multi-Generation Silicon Photonics Based Optical Transceivers
400G/800G Transceivers b uilt on Tower's p roduction PH18M Silicon Photonics p latform
Intel and Tower ink major foundry deal, $300M investment after Intel cancels its $5.4B Tower acquisition
Two weeks after Intel said it would cancel its plan to acquire Tower Semiconductor for $5.4 billion amidst pushback from regulators, the two companies intend to work together anyway. Intel today said ...
Intel notches new foundry arrangement with Tower Semiconductor
Intel Corp. INTC, +4.18% has struck an agreement with Tower Semiconductor TSEM, +0.86% through which Intel will provide foundry services and 300-millimeter manufacturing capacity, the companies said T...
Intel Foundry Services and Tower Semiconductor Announce New US Foundry Agreement
SANTA CLARA, Calif. & MIGDAL HAEMEK, Israel--(BUSINESS WIRE)--Intel Foundry Services and Tower Semiconductor announce an agreement where Intel will provide foundry services and manufacturing capacity ...
Tower Semiconductor and TriEye Deliver Revolutionary CMOS-based SWIR Sensors for the Automotive ADAS Market
Demonstrating superb performance with a 1.3Mp 7um pixel pitch sensor array with excellent response in the SWIR spectrum
Intel Shows Why Global Chip M&A Is off the Table
China has limited options to strike back in silicon war—but withholding deal approval is a big one.
Tower Semiconductor Announces Investor and Analyst Conference Call
MIGDAL HAEMEK, Israel, August 17, 2023 – Tower Semiconductor (NASDAQ: TSEM; TASE: TSEM) today announced it will hold an Investor and Analyst conference call to discuss business, technology focus, and ...
Intel calls off $5.4 billion chip deal after failing to get regulatory approval
Intel has pulled out of a major acquisition of an Israeli chipmaker after failing to obtain the required regulatory approval.
Intel scraps plans of buying Tower Semiconductor: find out more
Intel Corporation (NASDAQ: INTC) ended more than 3.0% down on Wednesday after ditching plans of buying Tower Semiconductor Ltd for $5.4 billion. Why did Intel terminate the Tower deal today?
Intel terminates its acquisition of Israeli chipmaker Tower Semiconductor
CNBC's Kristina Partsinevelos joins 'Power Lunch' to discuss Intel scrapping $5.4 billion bid for chipmaker after China withholds approval.