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The Latest Breaking News from TSEM

Tower Semiconductor Clocks 21% Revenue Growth In Q1; Suspends Guidance Due to Intel Takeover

Tower Semiconductor Ltd (NASDAQ:TSEM) reported first-quarter FY22 revenue growth of 21% year-on-year to $421 million, beating the consensus of $406.9 million. It posted a 29% organic growth. The gross profit was $105 million, up 50% Y/Y. The operating profit grew 94% Y/Y to $63 million. Adjusted EPS was $0.49, up from $0.26 prior-year…

Merger Arbitrage Mondays – Thoma Bravo Adds SailPoint Technologies To Its Portfolio And Approaches Twitter

Merger Arbitrage Mondays – Thoma Bravo Adds SailPoint Technologies To Its Portfolio And Approaches Twitter

Merger activity increased last week with five new deals announced and one of the five new deals announced was a potential deal in the works. SailPoint Technologies (NYSE: SAIL)

Italy Leans On Intel, Other Chipmakers To Boost Capacity

Italy Leans On Intel, Other Chipmakers To Boost Capacity

Italy looks to earmark over €4 billion ($4.6 billion) until 2030 to boost domestic chip manufacturing as it seeks to attract more investment from tech companies like Intel Corp (NASDAQ:INTC), Reuters reports. Brussels has made available €15 billion in additional public and private investment by 2030, on top of €30 billion of public…

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TSEM: Intel Strikes Deal to Buy Tower Semiconductor for $53 Per Share

By Lisa Thompson NASDAQ:TSEM READ THE FULL TSEM RESEARCH REPORT

Tower Semiconductor Clocks 19% Revenue Growth In Q4

Tower Semiconductor Ltd (NASDAQ:TSEM) reported fourth-quarter FY21 revenue growth of 19% year-on-year to $412.1 million, missing the consensus of $430.2 million. It posted a 28% organic growth. The gross profit was $100 million, up 44% Y/Y. Adjusted EPS of $0.55 beat the consensus of $0.45. It generated $134 million in operating cash flow.…

Tower Semiconductor: Q4 Earnings Insights

Tower Semiconductor (NASDAQ:TSEM) reported its Q4 earnings results on Thursday, February 17, 2022 at 04:00 AM. Here's what investors need to know about the announcement.

Earnings Preview For Tower Semiconductor

Tower Semiconductor (NASDAQ:TSEM) is set to give its latest quarterly earnings report on Thursday, 2022-02-17. Here's what investors need to know before the announcement. Analysts estimate that Tower Semiconductor will report an earnings per share (EPS) of $0.45.

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What Do Analysts Think About Intel After Tower Semiconductor Deal

What Do Analysts Think About Intel After Tower Semiconductor Deal

Analysts had mixed views on Intel Corp (NASDAQ:INTC) after yesterday's reports about Intel nearing a deal to acquire Tower Semiconductor Ltd (NASDAQ:TSEM) for $6 billion. Northland analyst Gus Richard said such a deal would "make a lot of sense" and be a good one for Intel shareholders based on his estimate that it would cost $13…

Here's How Much You Would Have Made Owning Tower Semiconductor Stock In The Last 10 Years

Here's How Much You Would Have Made Owning Tower Semiconductor Stock In The Last 10 Years

Tower Semiconductor (NASDAQ:TSEM) has outperformed the market over the past 10 years by 1.95% on an annualized basis.

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