TSEM News and Press, Tower Semiconductor Ltd. From 01/31/23

Summary Eleven months after the deal for Intel to acquire Tower was announced, an important regulatory hurdle remains to be overcome, namely in China. In this case, despite all the geopolitical tensions and semiconductor-related sanctions, there is a glimmer of hope. For this matter...

MIGDAL HAEMEK, Israel – January 2 4 , 202 3 – Tower Semiconductor (NASDAQ/ TASE: TSEM ), the leading foundry of high value analog semiconductor solutions, will issue its fourth quarter and fiscal year 2022 earnings on Thursday, February 16, 2023. In l...

Summary Merger arbitrage spreads are wide. There are plenty of opportunities with spreads of up to 81%. This is a detailed review of the most interesting transactions in the space. Merger arbitrage is an event-driven investment strategy of betting on a successful acquisiti...

Tower Semiconductor ( NASDAQ: TSEM ), which is being acquired by Intel ( NASDAQ: INTC ), dropped 1% amid a report that Intel has no plans to expand semiconductor chip production in China. Intel ( INTC ) shot down some speculation in recent weeks that it was seeking U.S...

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China's antitrust regulator has suspended the clock in its review of Intel's ( NASDAQ: INTC ) planned $4.5 billion purchase of Tower Semiconductor ( NASDAQ: TSEM ). The clock was stopped by China's State Administration for Market Regulation after requests from the companies, a...

Intel ( NASDAQ: INTC ) and Tower Semiconductor ( NASDAQ: TSEM ) are said to be reviewing potentially asking China for a clock suspension in the antitrust regulator's review of the acquisition of Tower. The companies are considering the request as the review nears the end of th...

Tower Semiconductor press release ( NASDAQ: TSEM ): Q3 GAAP EPS of $0.62 beats by $0.07 . Revenue of $427.09M (+10.4% Y/Y) in-line. In light of the Company’s definitive agreement with Intel Corporation, as announced on February 15, 2022, the company is not p...

MIGDAL HAEMEK, Israel, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports today its results for the third quarter ended September 30, 2022. Third Quarter of 2022 Results Overview Revenue for the third quarter of 2022 was $...

Tower Semiconductor ( NASDAQ: TSEM ) is scheduled to announce Q3 earnings results on Friday, November 11th, after market close. The consensus EPS Estimate is $0.61 (+48.8% Y/Y) and the consensus Revenue Estimate is $427.24M (+10.5% Y/Y). Over the last 2 years, TSEM h...