Tower Semiconductor Announces Expansion in Japan to Boost Silicon Photonics Capacity
Tower Semiconductor (NASDAQ:TSEM) announced a strategic expansion of its silicon photonics and advanced packaging capabilities in Japan, supported by the Japanese government. The company's shares rose 13% following the announcement as it plans to significantly increase manufacturing capacity for AI and data center applications.
Tickers: $TSEM
Topics: expansion Japan investment semiconductor silicon photonics