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Tower Semiconductor Q1 Earnings Call Highlights
MarketBeat· 2026-05-14 02:10
Tower Semiconductor NASDAQ: TSEM reported a sharp year-over-year increase in first-quarter 2026 profit and issued guidance for what it said would be the highest quarterly revenue in the company's history, driven by accelerating demand in silicon photonics and related technologies for AI data center infrastructure. Chief Executive Officer Russell Ellwanger said the first quarter provided "a strong foundation for the high growth we expect this year," citing revenue of $414 million, up 15% from a year earlier. ...