TSEM Stock Recent News

MIGDAL HAEMEK, Israel – July 3, 2024 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, will issue its second quarter 2024 earnings release on Wednesday, July 24, 2024. The Company will hold a conference call to discuss its second-quarter 2024 financial results and third-quarter 2024 guidance on Wednesday, July 24, 2024, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time).

Tower Semiconductor Ltd. (NASDAQ:TSEM ) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Noit Levy - Senior Vice President, Investor Relations and Corporate Communications Russell Ellwanger - Chief Executive Officer Oren Shirazi - Chief Financial Officer Conference Call Participants Cody Acree - Benchmark Richard Shannon - Craig-Hallum Mehdi Hosseini - SIG Lisa Thompson - Zacks Investment Research David Duley - Steelhead Securities Operator Ladies and gentlemen, thank you for standing by.

MIGDAL HAEMEK, Israel – April 24, 2024 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, will issue its first quarter 2024 earnings release on Thursday, May 9, 2024. The Company will hold a conference call to discuss its first quarter 2024 financial results and second quarter 2024 guidance on Thursday, May 9, 2024, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time).

Tower Semiconductor reported its FY23 financial results, showing declines in revenues but with signs of improvement in demand across different sectors. The company has a healthy liquidity position with a current ratio of 6, indicating no risk of insolvency or liquidity problems. Tower Semiconductor's management is focused on optimizing operations and phasing out lower-margin products to improve efficiency and profitability. The company expects a rebound in the mobile and automotive segments, as well as potential growth from AI applications.

Addressing high voltage, high power BCD technologies for smart power applications MIGDAL HAEMEK, Israel, February 22, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced its participation at upcoming 2024 APEC conference to be held February 26th - 28th in Long Beach, California, highlighting the Company's advanced Power Management platform and recent technology developments addressing the emerging needs of consumer, communications, EV, industrial and computing market applications. During the conference, Mr.

Tower Semiconductor beat sales and earnings expectations in the fourth quarter. Revenue was still down in Q4, but there are signs that the business is emerging from its cyclical downturn.

Tower Semiconductor Ltd. (TSEM) Q4 2023 Earnings Call Transcript

MIGDAL HAEMEK, Israel – January 24, 2024 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, will issue its fourth quarter and fiscal year 2023 earnings release on Wednesday, February 14, 2024. The Company will hold a conference call to discuss its fourth quarter and fiscal year 2023 financial results and first quarter 2024 guidance on Wednesday, February 14, 2024, at 10:30 a.m. Eastern Time (09:30 a.m. Central, 08:30 a.m. Mountain, 07:30 a.m. Pacific and 05:30 p.m. Israel time).

While Nvidia (NASDAQ: NVDA ) may have stolen the spotlight when it comes to the best semiconductor stocks, it's not the only idea out there. Not to pick on the graphics processing specialist – it's doing just fine.

Tower Semiconductor presents a compelling investment opportunity with a low valuation and potential for growth. In recent news, TSEM has entered into a partnership with Intel which lends them to new market opportunities, to help drive more earnings growth. The valuation of the business remains appealing as it sits below historical levels, and leaving a very good upside as my price target lands at $38.