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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Why Tower Semiconductor Stock Is Gaining Today

Tower Tower Semiconductor Semiconductor TSEM Cadence
Stuttgart,,Germany,-,07-24-2022:,Cellphone,With,Logo,Of,Israeli,Company

Tower Semiconductor Ltd. (NASDAQ:TSEM) shares are trading higher on Wednesday after the firm unveiled a new foundry path for co-packaged optics.

The company expanded its wafer-scale 3D-IC platform to fuse silicon photonics with SiGe electronics at the wafer level.

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