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.

However, after briefly looking over the numbers, we don't think Tower Semiconductor (NASDAQ:TSEM) has the makings of a multi-bagger going forward, but let's have a look at why that may be.

Tower Semiconductor reported Q1 revenues of $358.2M, up 9% Y/Y. The results were driven by the RF Infrastructure business. Live on Wednesday: Historic Summer Setup: 3 "Power Patterns" Triggering ...

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. For now ...

Tower Semiconductor reported its FY23 financial results, showing declines in revenues but with signs of improvement in demand across different sectors. The company has a healthy liquidity position ...

Tower Semiconductor is well-positioned to benefit from the recent tariff exemptions on semiconductors and the accelerating adoption of AI technology. TSEM's growth prospects are strong ...

Tower Semiconductor and Alcyon Photonics have announced a collaboration aimed at advancing photonics integration for the datacom, telecom, and sensing markets. The partnership will leverage Tower ...

Tower Semiconductor Q1 revenue rose 9% Y/Y, EPS beat at $0.45, but margins dipped due to new fab costs. CEO highlights record RF infrastructure revenue and entry into envelope tracker market using ...

May 14, 2025 Tower Semiconductor forecasts quarterly revenue above estimates on steady wireless chip demand Contract chipmaker Tower Semiconductor , forecast second-quarter revenue above Wall ...

Intel’s planned acquisition of Tower Semiconductor has failed, after the US chipmaker was unable to get the necessary regulatory approval. The abandonment of the $5.4B deal is a setback to Intel ...

Israel’s Tower Semiconductor has partnered with Indian conglomerate the Adani Group to invest $10 billion in a semiconductor plant in Maharashtra, India. The project was announced by Maharashtra’s ...

MIGDAL HAEMEK, Israel, March 17, 2025 – Northrop Grumman Corporation (NYSE:NOC) has recognized Tower Semiconductor as one of its top supplier partners during the company’s Supplier Excellence ...