Tower Q1 net profit surged 62% year-on-year, Q2 revenue guidance hits record high, silicon photonics orders locked in until 2028 | Earnings Report Highlights
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Israeli semiconductor foundry giant Tower Semiconductor has caused a strong stir in the capital markets thanks to an unexpectedly strong quarterly result and a record-scale AI chip supply contract.
On May 13, Tower Semiconductor announced its Q1 2026 financial report, while also disclosing a $1.3 billion supply contract