Migdal HaEmek, Israel – November 10, 2025 — Tower Semiconductor (NASDAQ/TASE: TSEM), a leading foundry of high-value analog and mixed-signal semiconductor solutions, today announced financial results for the third quarter ended September 30, 2025, and issued a strong forecast for the fourth quarter, driven by accelerating demand from AI and data-center markets.
Tower reported revenue of $395.7 million, exceeding market expectations of $394 million, and adjusted earnings per share of $0.55, slightly above analyst forecasts. The company’s net profit reached $54 million, up from $47 million in the previous quarter, supported by solid growth in radio-frequency (RF), data-transmission and optical-networking applications.
CEO Russell Ellwanger said demand for Tower’s Silicon-Germanium (SiGe) and Silicon Photonics (SiPho) technologies — critical for high-speed optical data transmission — continues to surge as hyperscale data-center operators expand their AI infrastructure.
“The market for our high-frequency and optical technologies is expanding faster than expected. These investments give us a clear growth path — both top and bottom line,” said Ellwanger.
For the fourth quarter, Tower expects revenue of $440 million ± 5%, ahead of the $434 million Wall Street consensus, implying double-digit sequential growth.
To meet rising demand, Tower announced an additional $300 million investment to expand capacity and advance next-generation SiGe and SiPho capabilities across its fabs in Israel, the U.S., Italy and Japan. The company also extended its Newport Beach, California lease by up to 3.5 years to secure long-term manufacturing flexibility.
Tower’s U.S.-listed shares jumped 15% following the announcement — reaching their highest level in over two decades — and are now up more than 63% year-to-date, reflecting investor confidence in the company’s positioning within the AI and data-infrastructure supply chain.
