Tower Semiconductor expands Semtech pact while Tower Semiconductor stock costs EUR 167.50

Published on 10/21/2026 at 10:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Semtech will secure SiGe capacity across three regions under the October 13, 2026 pact. Tower Semiconductor stock costs EUR 167.50 on October 21, 2026.

Capacity and earnings ahead

Tower Semiconductor and Semtech expanded their partnership on October 13, 2026 across three regions.
Second-quarter 2026 revenue reached USD 460 million, up 24.00 percent year over year.
Tower Semiconductor stock trades at EUR 167.50 at 10:41 a.m. CEST at Lang & Schwarz on October 21, 2026.

Tower Semiconductor, IL0010823792, Illustration mit AI erstellt.

Tower Semiconductor (ISIN IL0010823792) was trading at EUR 167.50 at Lang & Schwarz on October 21, 2026 at 10:41 a.m. CEST. On October 13, 2026, Tower and Semtech expanded a multi-year silicon germanium capacity agreement for AI data center connectivity, according to Tower Semiconductor.

Three milestones shape the story

The operating backdrop strengthened on August 4, 2026, when Tower reported second-quarter revenue of USD 460 million, up 24.00 percent year over year, in its company release. On October 13, 2026, the company scheduled its third-quarter results for November 2, 2026, according to Tower Semiconductor. The same date brought the expanded Semtech pact, with dedicated capacity spanning fabs in the United States, Israel and Japan.

What does the pact add?

The agreement gives Semtech dedicated SiGe capacity for optical and copper interconnect products used in AI infrastructure. The technology roadmap covers connectivity speeds from 800G and 1.6T toward 3.2T, while the partnership now extends across three manufacturing regions and builds on 20 years of cooperation.

The financial terms were not disclosed, so the immediate investor test is execution rather than a booked contract value. Tower's second-quarter numbers provide a measurable base: gross profit reached USD 138 million, up 72.00 percent from USD 80 million in the second quarter of 2025, while net profit attributable to the company rose 95.00 percent to USD 90.8 million.

Next date is November 2

Tower is due to publish third-quarter 2026 results and discuss fourth-quarter guidance on November 2, 2026. The release is the next dated test of whether the capacity expansion can translate into further revenue growth after the company guided to third-quarter revenue of USD 520 million, with a 5.00 percent upward or downward range, in its August 4 release.

Price holds the daily marker

For investors, the upcoming results now offer the clearest checkpoint for judging demand, capacity utilization and execution. Tower's release also identifies equipment installation, qualification delays and weaker-than-expected customer demand as risks to its expansion plans.

Tower Semiconductor was trading at EUR 167.50 at Lang & Schwarz on October 21, 2026 at 10:41 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Tower Semiconductor stock.