Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

Image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals
News Source : CNA

News Summary

  • Tower Semiconductor says it landed $1.3 billion in deals for 2027 to supply chips that use light to move data at high speeds through artificial intelligence data centers.
  • Strong demand for its analog and mixed-signal processors on the back of rising investment in data centers and AI helped boost the Israeli contract chipmaker's quarterly forecast.
  • The company expects second-quarter revenue of $455 million, above analysts' average estimate of $436.4 million, according to data compiled by LSEG.
May 13 Tower Semiconductor on Wednesday forecast secondquarter revenue above estimates and said it landed $1.3 billion in deals for 2027 to supply chips that use light to move data at high speeds [+1462 chars]

Must read Articles

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

Daz Dillinger Claims Hes Owed More Money for 2Pac Classics!

News Source : By Tiffany Brockworth from Mediatakeout.com

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

What CMOs actually want from TV during the industrys big pitch week

News Source : By Lara O'Reilly from Business Insider

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

Wildwood Trailer Travis Knight Returns To LAIKA With A Handcrafted Fantasy Starring Peyton Elizabeth Lee & Jacob Tremblay

News Source : By Edward Davis from Theplaylist.net

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

VIVA CUBA!

News Source : By Bill Kopp from Spinmagazine.com

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

Hollywood to Pentagon Your UFO Movies Really Suck

News Source : By James Hibberd from Hollywood Reporter

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

Barry Keoghan thrilled with incredible Beatles biopics

News Source : By RTÉ Entertainment from RTE

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

Eric Morecambe at 100 the beloved British comedian with an anarchic northern spirit

News Source : By Glyn White, Senior Lecturer in 20th-Century Literature and Culture, University of Salford from The Conversation Africa

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

15 Funny But Useful Facts from Movies and Pop Culture

News Source : By Alfredo Federico Robelo from Den of Geek US

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

Softwaredefined vehicles enter era of AIdriven value creation

News Source : By Joe O’Halloran from ComputerWeekly.com

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

Mill Creek Announces Start of Preleasing at Modera Bridle Trails

News Source : By from PRNewswire

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

Why Valve is Releasing 4 Different Steam Machine Variants

News Source : By Julian Horsey from Geeky Gadgets

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

Nigerias digital economy vulnerable without inclusion, cyber resilience CPN

News Source : By Punch Newspapers from The Punch

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

BTS vs Stray Kids 2026 Legacy Titans Clash with 4thGen Powerhouse in Global Popularity Showdown

News Source : By Jason Taylor from Ibtimes.com.au

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

Happy Eightieth Birthday, Marv Wolfman!

News Source : By Rich Johnston from Bleeding Cool News

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

Panasonic Debuts LUMIX L10 Digital Camera New Premium Compact Camera; More Info at B&H

News Source : By from PRNewswire

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

Netflix Clips Wont Replace TikTokBut Will Influence Viewers

News Source : By Maureen Kerr, Contributor, Maureen Kerr, Contributor https://www.forbes.com/sites/maureenkerr/ from Forbes

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

The Apple TV 4K Ready to Ship Why You Still Cant Buy the 2026 Model Yet

News Source : By Roland Hutchinson from Geeky Gadgets

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

Ken Levine Sides With Blizzards Philosophy Over Cutting Edge Tech, Warning Realism Costs More and Dates Faster

News Source : By Alessio Palumbo from Wccftech

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

Jamaica Vacation Part III

News Source : By Kath Younger from Katheats.com

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

Ahead of Paramount MegaMerger, WBD Bets on Agentic Ads

News Source : By Kendra Barnett from Adweek

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

PUBG teams up with PAYDAY for limitedtime PvE heists in latest patch update

News Source : By Paul McNally from The Escapist

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

Khosla Ventures, Jeffrey Katzenberg, and others are investing $12 million in a new AI movie app

News Source : By Lucia Moses from Business Insider

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

10 Actors Who Did One Movie and Pretty Much Peaced Out

News Source : By Leandro Beroldo from Den of Geek US

News image for article Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

Worlds two largest powers prepare to negotiate as Trump heads to Beijing and more top headlines

News Source : By from Fox News