NasdaqGS:TSEMSemiconductor
Assessing Tower Semiconductor (NasdaqGS:TSEM) Valuation As GlobalFoundries Lawsuits Put Future Growth In Focus
GlobalFoundries has filed multiple U.S. lawsuits accusing Tower Semiconductor (TSEM) of infringing 11 patents related to high performance chip manufacturing processes, and is seeking to block the importation and sales of certain Tower products.
See our latest analysis for Tower Semiconductor.
The legal action has arrived after a strong run, with a 1 month share price return of 40.53% and a 1 year total shareholder return of more than 4x. However, the 7 day share price return of 2.95% suggests...