TSEM Stock Bucks Market Selloff On Semtech AI Chip Deal Securing Capacity Across 3 Regions
Tower CEO Russell Ellwanger said the companies are qualifying solutions ahead of anticipated demand for future generations of optical connectivity products. Semtech will invest in securing dedicated silicon germanium capacity at Tower’s facilities in the U.S., Israel and Japan. The agreement is intended to support demand for optical interconnect components and connectivity technologies spanning 800G, … Read more