Tower expands SiGe pact as Tower Semiconductor stock costs EUR 153.00

Published on 10/23/2026 at 10:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

A 20-year SiGe partnership now secures capacity for AI data centers. Tower Semiconductor stock costs EUR 153.00 on October 23, 2026 at Lang & Schwarz.

Capacity and results

Q2 revenue reached USD 460.08 million on August 4, 2026.
The expanded agreement builds on a 20-year partnership announced October 13, 2026.
Tower Semiconductor stock trades at EUR 153.00 at 10:09 a.m. CEST at Lang & Schwarz on October 23, 2026.
Third-quarter results are scheduled for November 2, 2026.

Tower Semiconductor, IL0010823792, Illustration mit AI erstellt.

Tower Semiconductor (ISIN IL0010823792) stock costs EUR 153.00 at Lang & Schwarz on October 23, 2026 at 10:09 a.m. CEST. On October 13, 2026, Tower Semiconductor and Semtech expanded a multi-year SiGe agreement covering dedicated capacity for AI data center connectivity.

Capacity targets AI connectivity

The agreement extends a 20-year partnership and covers Tower fabs in the United States, Israel and Japan. Semtech will invest in securing capacity for optical and copper interconnect products built on Tower's silicon germanium process technology, spanning current 800G and 1.6T products and future 3.2T systems.

The commercial value of the agreement was not stated in the release, so the operating evidence remains the capacity commitment and the technology roadmap. For Tower, the deal adds a customer-linked manufacturing signal to a business already showing higher quarterly scale.

Quarterly growth sets the baseline

In its August 4, 2026 results release, Tower Semiconductor reported second-quarter 2026 revenue of USD 460.08 million, up 24.00 percent from USD 372.06 million a year earlier. Net profit reached USD 90.62 million, compared with USD 45.59 million in the second quarter of 2025, while the net margin was 20.00 percent.

The company also guided for third-quarter 2026 revenue of USD 520.00 million at the midpoint, up 31.00 percent year over year and 13.00 percent from the second quarter. That comparison gives the SiGe agreement a financial backdrop: capacity expansion is being announced while Tower is guiding to another record revenue quarter.

What dates matter next?

The recent sequence has three clear markers. On August 4, 2026, second-quarter revenue reached USD 460.08 million; on October 13, 2026, Tower scheduled its third-quarter results for November 2, 2026; also on October 13, 2026, the company expanded the SiGe partnership to cover 20 years of collaboration and three manufacturing regions.

Results date is November 2

Tower Semiconductor will publish its third-quarter 2026 results and discuss fourth-quarter guidance on November 2, 2026, at 10:00 a.m. Eastern Time. That report will show whether the USD 520.00 million revenue guide is translating into the expected scale before the capacity program moves further into execution.

Stock context for investors

Tower operates as an analog semiconductor foundry serving consumer, industrial, automotive, mobile, infrastructure, medical, aerospace and defense markets. Its primary listing is Nasdaq under ticker TSEM, and the stock's USD 72.55 to USD 319.94 52-week range and USD 19.0 billion market capitalization provide broader valuation context as of October 23, 2026.

Tower Semiconductor stock was trading at EUR 153.00 at Lang & Schwarz on October 23, 2026 at 10:09 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Tower Semiconductor stock.