Tower Semi (TSEM) reported mixed Q1 results with strong growth in RF Infrastructure, leading to a Buy rating and $60 price target from analyst Cody Acree.
Tower Semiconductor reported 9% Y/Y revenue growth and beat EPS estimates. Despite stock decline, CEO expects further growth in RF and sensors business.
Trump's tariffs on China are causing ripple effects, hurting tech companies like TSEM. But TSEM is a top pick for investors as it has potential to bounce back.
TSEM noted that it has stopped discontinued production of chips using the legacy and lower margin Fab 1 process – it has moved to the higher margin Fab 2 process now.
Shares of Tower Semiconductor Inc. (NASDAQ: TSEM) are trading higher following Monday's AI-related market rout triggered by DeepSeek's announcement of its advanced language model.
Tower Semiconductor (TSEM) reported 3.4% revenue growth and $0.57 EPS, beating analyst estimates. It plans to invest $350 million to expand capacity and enhance SiPho and SiGe capabilities.
Intel rejects proposed takeover from Arm Holdings and plans to keep its business division. Intel's stock drops 31% while Taiwan Semiconductor gains 119%.
The hundreds of AI stocks have been reduced to 31 pure-play stocks in 7 categories and put into 7 portfolios which are tracked on a weekly basis. What follows is a summary of their performances this week.
Of the hundreds of AI-related stocks trading on various exchanges around the world, we've put 31 pure-play stocks trading on Canadian or American exchanges in 7 categories and track them weekly.
