Tower Semiconductor Ltd. has released a positive earnings report for Q2 2024, demonstrating robust sales growth across all its business segments, with a notable performance in the optical receiver business for fibre optic links. The company's revenue climbed to 351 million USD for the quarter ending 30 June, up from 327 million USD in the same period the...
Tower Semiconductor ( NASDAQ:TSEM ), an Israeli-based contract chipmaker, recently released its fourth-quarter earnings report, showing a decline in revenue. The dip in revenue was due to a decrease in demand from the automotive sector, which is currently facing uncertain times. However, despite the ongoing Israel-Hamas conflict, the company's operations and...