Tower Semiconductor had a record $526 million in sales last quarter and expects $600 million next quarter.

Nov 2, 2026, 11:30 AM ETResultsRead the original at globenewswire.com

Good for TSEM

Tower Semiconductor reported record sales and operating profit, plus $120 million in net profit excluding non-recurring items. It expects fourth-quarter sales of $600 million, up 36% from a year earlier.

TSEM · Tower Semiconductor

AI read · Good for TSEM

The AI's read

The results show Tower is serving more demand, and the company's own forecast points to further sales growth. Demand for high-speed connectivity products and added capacity in Japan support that view. The report names no company-specific setback.

Get alerts for TSEM

Follow Tower Semiconductor (TSEM) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for TSEM

Free on the App Store and Google Play, or on the web.