Tower Semiconductor Begins Production of 1.6Tbps Optical Transceivers on its Latest Silicon Photonics Platform
Tower Semiconductor Ltd. - Ordinary Shares (TSEM)
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Source: GlobeNewswire
Tower Semiconductor Begins Production of 1.6Tbps Optical Transceivers on its Latest Silicon Photonics Platform Addressing the surging demand for faster, high-capacity solutions for AI, cloud computing, and data centers by doubling the speed of today’s 800Gbps high-volume transceivers MIGDAL HAEMEK, Israel, November 19,2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), a leading foundry of high-value analog semiconductor solutions, today announced the start of volume production of 1.6 Tbps silicon photonic products for multiple lead customers based on its latest Silicon Photonics (SiPho) platform. Tower’s latest platform includes innovations that have helped double data rates relative to its current 800 Gpbs high-volume products. These innovations have been developed in close collaboration with several Tier 1 customers that have designed breakthrough 1.6Tbps products on this enhanced platform and have now begun to order production quantities. The process
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- Tower Semiconductor Begins Production of 1.6Tbps Optical Transceivers on its Latest Silicon Photonics Platform [Yahoo! Finance]Yahoo! Finance
- Tower Semiconductor Ltd. (NASDAQ: TSEM) had its price target raised by analysts at Craig Hallum from $54.00 to $60.00. They now have a "buy" rating on the stock.MarketBeat
- Tower Semiconductor Ltd. (NASDAQ: TSEM) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $55.00 price target on the stock.MarketBeat
- Tower Semiconductor Ltd. (NASDAQ: TSEM) had its price target raised by analysts at Susquehanna from $55.00 to $60.00. They now have a "positive" rating on the stock.MarketBeat
- Tower Semiconductor Ltd (TSEM) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and ... [Yahoo! Finance]Yahoo! Finance
TSEM
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- 11/13/24 - Beat
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- 11/19/24 - Form 6-K
- 11/14/24 - Form SC
- 11/13/24 - Form 6-K
- TSEM's page on the SEC website