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Tower Semiconductor Signs Customer Contracts For $1.3 Billion Silicon Photonics Revenue For 2027

ReutersMay 13, 2026 11:21 AM
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Tower Semiconductor Ltd TSEM.TA:

  • TOWER SEMICONDUCTOR SIGNS CUSTOMER CONTRACTS FOR $1.3 BILLION SILICON PHOTONICS REVENUE FOR 2027

  • TOWER SEMICONDUCTOR LTD - RECEIVES $290 MILLION IN CUSTOMER PREPAYMENTS FOR CAPACITY RESERVATION

  • TOWER SEMICONDUCTOR LTD - TARGETS $2.8 BILLION REVENUE AND $750 MILLION NET PROFIT IN 2028

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