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Stock impact report

Tower Semiconductor (TSEM) Climbs 31.2% as Firm Taps into $80-Billion AI Infra Market [Yahoo! Finance]

Tower Semiconductor Ltd. - Ordinary Shares (TSEM) 
Last tower semiconductor ltd. - ordinary shares earnings: 2/18 04:06 am Check Earnings Report
US:NASDAQ Investor Relations: ir.towerjazz.com
Company Research Source: Yahoo! Finance
Tower Semiconductor managed to eke out a 31.2 percent gain week-on-week, despite ending Friday's session in the red, as investors took path from its ongoing expansion program in line with its target to tap the $80 billion AI infrastructure market. Last week saw the company touch a 25-year high of $178.08—a level it last touched in 2001. TSEM Photo from Tower Semiconductor website In a statement, Tower Semiconductor Ltd. (NASDAQ:TSEM) said that it partnered with Oriole Networks to deliver ultra-low, deterministic-latency networking for scale-up and scale-out AI architectures, built on Tower's mature silicon photonics platform. “As AI models continue to scale, requiring increasingly large clusters of processors, achieving high-radix networks with massive bandwidth and low latency becomes increasingly challenging. Leveraging Tower's advanced silicon photonics platform, Oriole's edge-switching architecture enables nanosecond optical circuit switching and a passive network core Show less Read more
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