Strong Revenue and Profit Growth
Tower reported a second quarter 2025 revenue of $372 million, reflecting a 6% year-over-year increase and a 4% quarter-over-quarter increase. Net profit for the quarter was $47 million, up by $7 million from the previous quarter.
RF Infrastructure Growth
The RF infrastructure business represented 25% of corporate revenues, with over $90 million in revenue, up from 14% in the same period of 2024. This growth is attributed to data center and AI expansions utilizing Silicon Photonics and Silicon Germanium technologies.
Silicon Photonics Expansion
In the first half of 2025, Tower moved 5 times more Silicon Photonics products from preproduction to production compared to the same period in 2024. They are also expanding market opportunities with a new 300-mm Silicon Photonics technology targeting the receive function in optical transceiver modules.
Increased Demand in Sensor and Display Markets
Tower expects a 20% revenue increase in the second half of 2025 for sensors and displays, driven by machine vision market growth and new activities with automotive and OLED on silicon suppliers.
Strategic CapEx Investments
Tower has committed to significant capital expenditures to expand capacity, including $300 million for New Mexico fab equipment, $500 million for Italy fab, and $350 million for SiPho and 5G business expansion.