Tower Semiconductor expands SiGe pact: Buy rating targets Tower Semiconductor stock at USD 270

Published on 10/14/2026 at 10:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tower guides third-quarter revenue to USD 520 million. Tower Semiconductor stock costs EUR 199.50 on October 14, 2026, market cap USD 25.1 billion.

SiGe expansion and upcoming results

Tower Semiconductor and Semtech expanded a multi-year SiGe agreement on October 13, 2026.
Third-quarter revenue guidance is USD 520 million for the third quarter of 2026.
Tower Semiconductor had a USD 25.1 billion market value as of October 13, 2026.

Tower Semiconductor, IL0010823792, Illustration mit AI erstellt.

Tower Semiconductor stock was trading at EUR 199.50 at Lang & Schwarz on October 14, 2026, when the company expanded its silicon germanium partnership with Semtech. GlobeNewswire reported the October 13, 2026 agreement, while TipRanks listed a Buy rating with a USD 270.00 price target.

SiGe capacity meets AI demand

Semtech will invest in dedicated SiGe capacity at Tower facilities in the United States, Israel and Japan. The agreement covers optical and copper interconnect products supporting 800G, 1.6T and 3.2T connectivity for artificial intelligence data centers, according to GlobeNewswire.

The commercial importance is capacity visibility rather than a disclosed contract value. Semtech's investment ties Tower's specialty manufacturing footprint to a 20-year customer relationship and to a faster data-center bandwidth roadmap.

Revenue guidance sets the next test

Tower reported second-quarter 2026 revenue of USD 460.08 million, up 24.00 percent year over year, and guided third-quarter 2026 revenue to USD 520 million, a company record. The official investor-relations release dated August 4, 2026 also described third-quarter guidance as 31.00 percent above the prior-year quarter and 13.00 percent above the second quarter.

Second-quarter 2026 net profit attributable to the company reached USD 90.77 million, compared with USD 46.55 million in the second quarter of 2025. The company reported diluted earnings per share of USD 0.79 for the second quarter of 2026, versus USD 0.41 a year earlier, according to Tower Semiconductor.

November results become the checkpoint

Tower will release third-quarter 2026 results on November 2, 2026 and discuss fourth-quarter 2026 guidance during a conference call at 10:00 a.m. ET. WBOC published the schedule on October 13, 2026.

The finance quote for Tower's Nasdaq listing showed a last price of USD 222.20 on October 13, 2026 at 4:00 p.m. ET and a market capitalization of USD 25.1 billion. The separate euro quotation places the German investor perspective on the same company while the November report will test whether the record guidance is translating into operating delivery.

Lang & Schwarz quote on October 14

At Lang & Schwarz, Tower Semiconductor was trading at EUR 199.50 on October 14, 2026 at 10:06 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Tower Semiconductor stock.