Tower Semiconductor and NewPhotonics announced the beginning of high-volume shipments of laser-integrated, serviceable optical engine photonic integrated circuits (PICs) for AI interconnect applications. The products support data rates from 800G to 1.6T using the PH18DA silicon photonics platform, with future volume manufacturing planned for 6.4T NPO solutions in the first half of 2027. This collaboration marks a milestone in scaling optical connectivity for next-generation AI infrastructure by combining NewPhotonics' chip design with Tower's manufacturing capabilities. Tower Semiconductor Ltd. is a leading foundry specializing in high-value analog semiconductor solutions and process platforms.

Tower Semiconductor reported unaudited financial results for the six months ended June 30, 2026. Revenue increased 19.6% year-over-year to $873.7 million from $730.2 million, driven by higher average selling prices and shipments of SiPho products. Gross profit rose to $248.7 million from $153.2 million, expanding margins to 28.5% from 21.0%. Operating profit nearly doubled to $154.9 million from $72.8 million. Net profit attributable to the company reached $155.8 million, or $1.36 diluted EPS per share, compared to $86.7 million and $0.77 diluted EPS in the prior year period. The company generated $686.9 million in operating cash flow, bolstered by a $282.6 million increase in customer advances. Tower Semiconductor operates in the semiconductor industry, specializing in silicon germanium (SiGe) and silicon photonics (SiPho) technologies.

Tower Semiconductor reported record second quarter 2026 financial results ending June 30, 2026. Revenue reached $460 million, a 24% year-over-year increase, while net profit hit a record $91 million, or $0.80 basic and $0.79 diluted earnings per share. Gross profit rose 72% to $138 million, and operating profit more than doubled to $90 million compared to the prior year period. The company provided third quarter revenue guidance of $520 million, representing a 31% year-over-year increase. CEO Russell Ellwanger highlighted strong demand momentum and announced plans to cross the $1 billion annual run rate for SiPho revenue by the fourth quarter of 2026. Tower Semiconductor is a leading foundry specializing in high-value analog semiconductor solutions.