Reports Q1 revenue $413.63M, consensus $410.98M. Russell Ellwanger, CEO of Tower Semiconductor (TSEM), said: “We delivered a strong start to 2026, with broad-based year-over-year revenue growth across our key technology platforms and continued execution with strong advancement of our strategic priorities. Our second quarter guidance positions us with the highest quarterly revenue in Tower’s history, with expected sequential quarter-over-quarter growth throughout the remainder of the year. This demonstrates strong customer demand, expanding content opportunities and the increasing contribution of our leading and differentiated technology portfolio, particularly in silicon photonics for AI infrastructure.”
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSEM:
- Tower Semiconductor posts strong Q1 2026 results and guides to record Q2 revenue
- Tower Semiconductor Secures $1.3 Billion 2027 Silicon Photonics Contracts and $290 Million Prepayments
- Tower Semiconductor Outlook Raised to Positive as S&P Maalot Reaffirms ilAA Rating
- Tower Semiconductor Sets May–June 2026 Investor Conference Schedule
- Quantum Week 2026: What NVIDIA’s Ising Launch Means for QTUM — and the Leveraged Single-Stock ETFs Built Around It