Tower Semiconductor (TSEM) Soars to 25-Year High on New Deal to Bolster AI

Tower Semiconductor Ltd. (NASDAQ:TSEM) is one of the 10 Stocks Dominating Today’s Market Action. Tower Semiconductor soared to a nearly 25-year high on Thursday, following news that it teamed up with Oriole Networks to develop AI infrastructure products in line with the aim to tap an expected $80-billion total addressable market. At intra-day trading, Tower Semiconductor Ltd. (NASDAQ:TSEM)  jumped to its highest price of $166.44 before paring gains to finish the session just up by 16.99 percent at $166. ...