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Tower Semiconductor, LightIC Forge Silicon Photonics LiDAR Collaboration for Automotive and Physical AI

Story Highlights
  • Tower Semiconductor and LightIC agreed on January 5, 2026 to collaborate on manufacturing silicon photonics–based FMCW LiDAR products.
  • The partnership extends Tower’s silicon photonics platform from AI data centers into fast-growing automotive and Physical AI LiDAR markets, targeting better scalability and SWaP-C performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tower Semiconductor, LightIC Forge Silicon Photonics LiDAR Collaboration for Automotive and Physical AI

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Tower ( (TSEM) ) has shared an update.

On January 5, 2026, Tower Semiconductor announced a strategic collaboration with LightIC Technologies to use Tower’s mature silicon photonics foundry platform to manufacture LightIC’s silicon photonics–based FMCW LiDAR products, including the Lark long-range automotive LiDAR and FR60 compact LiDAR for robotics and Physical AI applications. The partnership aims to extend silicon photonics beyond large-scale AI data-center networking into sensing-driven Physical AI and automotive markets, improving size, weight, power and cost while enabling scalable, velocity-aware 4D FMCW LiDAR solutions at a time when the global automotive LiDAR market is forecast to grow rapidly, positioning both companies to benefit from broader LiDAR adoption in automotive, industrial automation, smart infrastructure and robotics.

The most recent analyst rating on (TSEM) stock is a Hold with a $125.00 price target. To see the full list of analyst forecasts on Tower stock, see the TSEM Stock Forecast page.

Spark’s Take on TSEM Stock

According to Spark, TipRanks’ AI Analyst, TSEM is a Outperform.

Tower Semiconductor’s overall stock score reflects strong technical momentum and positive earnings call highlights, offset by high valuation concerns and cash flow challenges. The company’s strategic investments and growth in key areas like RF infrastructure and silicon photonics are significant positives.

To see Spark’s full report on TSEM stock, click here.

More about Tower

Tower Semiconductor Ltd. (NASDAQ/TASE: TSEM) is a leading foundry of high-value analog semiconductor solutions, providing technology, development and process platforms for customers in consumer, industrial, automotive, mobile, infrastructure, medical, aerospace and defense markets. Its offerings span customizable process platforms including SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensors, non-imaging sensors, displays, integrated power management, photonics and MEMS, supported by design enablement and process transfer services across a global manufacturing footprint in Israel, the U.S., Japan, Italy and capacity access in Intel’s New Mexico facility.

Average Trading Volume: 1,497,476

Technical Sentiment Signal: Buy

Current Market Cap: $13.61B

For detailed information about TSEM stock, go to TipRanks’ Stock Analysis page.

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