NasdaqGS:TSEMSemiconductor
Tower Semiconductor (TSEM) Is Up 12.6% After New RF and Silicon Photonics Capacity Push - Has The Bull Case Changed?
In the past quarter, Tower Semiconductor reported sequential third-quarter revenue growth of 6% and outlined plans for about 11% revenue growth in the fourth quarter, alongside announcing an additional US$300 million capital investment to expand capacity in RF Infrastructure, Silicon Photonics, and Silicon Germanium technologies.
Fund managers such as New York-based G2 Investment Partners Management increased Tower Semiconductor holdings substantially, underscoring growing institutional...