Tower Semiconductor expands SiGe pact for Tower Semiconductor stock

Published on 10/22/2026 at 09:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tower Semiconductor stock costs EUR 161.25 on October 22, 2026. Q2 revenue reached USD 460.08 million, up 24.00 percent year over year.

SiGe expansion and results ahead

On October 13, 2026, Semtech agreed to secure SiGe capacity across three Tower regions.
Second-quarter revenue reached USD 460.08 million, up 24.00 percent year over year.
Tower Semiconductor stock trades at EUR 161.25 at 9:10 a.m. CEST at Lang & Schwarz on October 22, 2026.
Tower is scheduled to report third-quarter results on November 2, 2026.

Tower Semiconductor, IL0010823792, Illustration mit AI erstellt.

Tower Semiconductor (ISIN IL0010823792) was trading at EUR 161.25 at Lang & Schwarz on October 22, 2026, at 9:10 a.m. CEST. The latest company event was an expanded multi-year silicon germanium agreement with Semtech, announced on October 13, 2026, covering Tower facilities in the United States, Israel and Japan, according to Tower Semiconductor.

Capacity deal links Tower to AI demand

Under the agreement, Semtech will invest in dedicated SiGe capacity at Tower to support optical and copper interconnect products for data centers. The capacity spans three regions, adding geographic diversification to Semtech's manufacturing strategy and extending a partnership that began 20 years ago, the company said on October 13, 2026.

The announcement gives investors a concrete operating angle: Tower is positioning its SiGe process technology for higher-speed connectivity. The agreement covers current 800G and 1.6T applications as well as future 3.2T products, while financial terms were not disclosed in the release.

What does the 24.00 percent growth mean?

Tower's second-quarter 2026 revenue reached USD 460.08 million, up 24.00 percent from USD 372.06 million a year earlier. The company also reported USD 90.77 million of net profit attributable to the company and diluted GAAP earnings per share of USD 0.79 for the quarter, according to its Tower Semiconductor filing dated August 4, 2026.

The SiGe and silicon photonics businesses are central to the growth case. Tower said its SiPho business reached a USD 680.00 million annual revenue run rate in the second quarter and targeted more than USD 1.00 billion in the fourth quarter of 2026. That expansion also raises execution demands as the company adds manufacturing capacity.

Three dates define the recent sequence

On August 4, 2026, Tower reported USD 460.08 million of second-quarter revenue. On October 13, 2026, the Semtech pact secured capacity across three geographic regions. Also on October 13, 2026, Tower announced that its third-quarter 2026 results would be released on November 2, 2026, according to Tower Semiconductor.

Upcoming reporting and shareholder dates

The next reporting date is November 2, 2026, when Tower is scheduled to publish third-quarter results and discuss fourth-quarter guidance. An extraordinary general meeting is scheduled for November 25, 2026, according to Gekko.app.

Stock enters the next reporting window

The next market test is the November results release, which will show whether the revenue trajectory behind the SiGe investment is continuing. Tower Semiconductor was trading at EUR 161.25 at Lang & Schwarz on October 22, 2026, at 9:10 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Tower Semiconductor stock.