Tower Semiconductor

Tower Semiconductor Ltd. provides high value analog semiconductor solutions. The firm also offers technology and manufacturing platforms for integrated circuits (ICs) in growing markets such as consumer, industrial, automotive, mobile, infrastructure, medical and aerospace and defense. It focuses on creating positive and sustainable impact on the world through long term partnerships and its advanced and innovative analog technology offering, comprised of a broad range of customizable process platforms such as SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, integrated power management (BCD and 700V), and MEMS. It world-class design enablement for a quick and accurate design cycle as well as process transfer services including development, transfer, and optimization, to IDMs and fabless companies. The company was founded in 1993 and is headquartered in Migdal Haemek, Israel.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Tower Semiconductor adapts to market challenges, focuses on sustainable growth

Tower Semiconductor navigated market challenges in Q3 2023 with a revenue decline YoY but remains focused on sustainable growth. The company highlighted advancements in key business areas, announced organizational changes, and outlined strategic investments for future expansion.

Tower Semiconductor reports solid Q4 earnings, eyes growth opportunities

Tower Semiconductor's Q4 2023 performance reflects revenue growth, operational optimizations, and strong financials for strategic investments.
Despite challenges in transitioning operations and negative cash flow projections, the company remains optimistic about market expansion and growth opportunities.
With a focus on innovation, market recovery, and strategic investments, Tower Semiconductor aims to sustain growth and enhance its technological capabilities.

Tower Semiconductor posts strong Q1 results, eyes growth in key tech segments

Tower Semiconductor delivered solid financial performance in Q1 2024, driven by key revenue segments like RF Mobile and Silicon Photonics.
While facing challenges in fab utilizations and margin impacts, the company remains focused on growth opportunities in technology segments and the electronic vehicle market.
With strategic investments in CapEx and a commitment to operational efficiency, Tower Semiconductor aims for continued revenue growth and margin improvement.
Overall, Tower Semiconductor's Q1 performance reflects a balanced approach to navigating challenges and seizing growth opportunities in key market segments.

Tower Semiconductor reports solid Q3 earnings, eyes growth through technology

Tower Semiconductor's Q3 performance reflects steady growth and profitability, driven by strength in key segments and strategic investments in technology and capacity. While facing challenges in managing growth and potential M&A, the company is well-positioned to capitalize on opportunities for revenue expansion and market leadership.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Intel has canceled its planned purchase of Tower Semiconductor. Intel walked away from the deal because it couldn't get Chinese regulatory approval.

Why Tower Semiconductor Stock Is Sinking Today

Intel

Tower Semiconductor (NASDAQ: TSEM ) stock is taking a beating on Wednesday after the company's merger agreement with Intel (NASDAQ: INTC ) was terminated. The problem with the deal was Intel being unable to acquire regulatory approval from the Chinese government in a timely manner.

Tower Semiconductor (TSEM) Stock Tanks as Intel Abandons Deal

Tower Semiconductor (NASDAQ:TSEM) stock was priced 11% lower in Wednesday's early transactions after Intel Corporation (NASDAQ:INTC) dropped its acquisition of the chip foundry. Intel unexpectedly announced overnight it had axed the US$5.4 billion deal, agreed in late 2022, with unnamed sources near to the deal citing regulatory complications and potential integration challenges.

Tower Semiconductor stock slumps as Intel axes takeover

Intel Corporation (NASDAQ:INTC) has unexpectedly axed its US$5.4 billion acquisition of Tower Semiconductor, with unnamed sources near to the deal citing regulatory complications and potential integration challenges. The deal, struck in late 2022, was previously described as a strategic expansion for Intel, expanding its semiconductor manufacturing capabilities amidst the global chip shortage.

Intel axes US$5.4bn Tower Semiconductor takeover

Intel has called time on its plan to acquire contract chipmaker Tower Semiconductor, citing its inability “to obtain in a timely manner the regulatory approvals required under the merger agreement.” Chip giant Intel first announced it was planning to buy the Israeli company for $5.

Intel and Tower Semiconductor cancel $5.4B merger over regulatory hurdles

Intel first announced plans to buy Tower Semiconductor in 2022 for $5.4 billion, but is now terminating the deal saying it failed to get regulatory approval.

Intel scraps $5.4 billion acquisition of Tower Semiconductor after regulators fail to approve deal

Intel had agreed in February 2022 to buy the Israeli chip maker for more than $5 billion.

Intel Scraps Tower Acquisition After China Fails to Approve Deal

The move for the Israeli company collapsed due to delays to regulatory approval. It's a setback for plans to ramp up its semiconductor-making business.

Intel Drops $5.4 Billion Deal for Tower Semi Amid China Holdup. It's a Blow to Chip Strategy.

Intel calls off its planned acquisition of Tower Semiconductor, an Israeli chip maker, after waiting in vain for 18 months for a review by Chinese regulators.

Intel Acquisition of Tower Semiconductor Is Scuttled by China

MIGDAL HAEMEK, Israel, August 16, 2023 –Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM), today announced it has mutually agreed with Intel Corporation to terminate their previously announced merger agreement entered into in February 2022.

Tower Announces Termination of Intel Acquisition Agreement

Intel announced that it has mutually agreed with Tower Semiconductor to terminate Intel's proposed $5.4 billion acquisition of Tower.

Intel agrees to drop $5.4B Tower Semiconductor acquisition

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation (INTC) today announced that it has mutually agreed with Tower Semiconductor (TSEM) to terminate their merger agreement.

Intel Announces Termination of Tower Semiconductor Acquisition

Intel Corp will walk away from its $5.4 billion deal to acquire Israeli contract chipmaker Tower Semiconductor Ltd once the companies' contract expires later on Tuesday, according to people familiar with the matter.

Intel to walk away from $5.4 bln acquisition of Tower Semiconductor-sources

A pending acquisition by Intel probably isn't a great reason to buy Tower Semiconductor. Tower is in the midst of a downturn, but if the industry rallies, Tower could rally with it.

Is Tower Semiconductor Stock a Buy Ahead of an Intel Acquisition Announcement?

Tower beat sales and earnings estimates in the second quarter. The stock is also getting a boost from news that Chinese regulators have approved a sale elsewhere in the semiconductor industry.

Why Tower Semiconductor Stock Is Climbing Today

MIGDAL HAEMEK, Israel, July 26, 2023 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports today its results for the second quarter ended June 30, 2023.

Tower Semiconductor Reports 2023 Second Quarter Financial Results

Addressing Analog Technologies for a More Intelligent and Sustainable World Highlighting Recent Technology Development and Roadmap

Tower Semiconductor Announces its 2023 Annual Technical Global Symposium

Concentrix Corporation 

DHI Group

KVH Industries

LSI Industries

Magic Software Enterprises

SYNNEX

With the integration of advanced solutions such as generative artificial intelligence, the best tech stocks to buy have dominated investment-resource-related headlines. However, a common concern currently permeates the digital ecosystem: not wanting to hold the bag.

Why These 7 Stocks Are the Best Ways to Play Tech Right Now

The share price of Tower Semiconductor Ltd has been trending downward for the last 12 months, making it an appealing investment opportunity despite the downturn in revenues. The company's balance sheet is solid with a negative net debt of $702 million, and it offers a 12% upside if the acquisition with Intel goes through. Risks include a lack of operation in the North American market and a history of diluting shares, which could suppress the company's value in comparison to the rest of the sector.

Tower Semiconductor: Tough Current Market Climate, But Long Term Remains Appealing

MIGDAL HAEMEK, Israel – July 10 , 202 3 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its second quarter 2023 earnings on Wednesday, July 26, 2023.

Tower Semiconductor Announces Second Quarter 2023 Earnings Release Date

Diodes

Lattice Semiconductor

Photronics

STMicroelectronics NV ADR RegS

Taiwan Semiconductor Manufacturing

Vishay Intertechnology

As the lifeblood of the technology sector ecosystem, acquiring the best semiconductor stocks in July almost represents a no-brainer. To be sure, every segment of the capital markets carries downside risk.

The 7 Best Semiconductor Stocks to Buy in July

MIGDAL HAEMEK, Israel, May 15, 2023 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports today its results for the first quarter ended March 31, 2023.

Tower Semiconductor Reports 2023 First Quarter Financial Results

MIGDAL HAEMEK, Israel – April 20 , 202 3 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its first quarter 2023 earnings on Monday, May 15, 2023.

Tower Semiconductor Announces First Quarter 2023 Earnings Release Date

Addresses a key challenge of next generation high bandwidth datacom and telecom applications

Tower Semiconductor and Teramount Announce Technology Collaboration Connecting a Large Number of Optical Fibers to Silicon Chips

Integrates a GaAs QD laser on Tower's versatile high -volume SiPho Foundry platform

News for Tower Semiconductor Stock (TSEM)