TSEM News and Press, Tower Semiconductor Ltd. From 05/24/23

2023-05-24 10:52:59 ET Tower Semiconductor ( NASDAQ: TSEM ) fell as much as 6%, though it has now pared its decline to 3.6%, amid reports about China's antitrust review of the deal. A report earlier on Wednesday appeared to indicate that the $53 deal for Tower Semi ( ...

2023-05-15 07:04:54 ET Tower Semiconductor press release ( NASDAQ: TSEM ): Q1 GAAP EPS of $0.64 beats by $0.23 . Revenue of $356M (-15.4% Y/Y) beats by $3.75M . In light of the Company’s definitive agreement with Intel Corporation, as announced on Februa...

MIGDAL HAEMEK, Israel, May 15, 2023 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports today its results for the first quarter ended March 31, 2023. First Quarter of 2023 Results Overview Revenue for the first quarter of 2023 was $356 m...

2023-05-12 15:00:44 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar ...

2023-05-12 14:07:49 ET NYSE: TJX ROST OTCPK:BURBY BJ CPRT KSS Meanwhile, Chinese tech giants Baidu ( BIDU ) and Alibaba ( BABA ) are set to issue closely observed reports that will attract significant attention. For further details see: Earnings W...

2023-05-12 12:27:30 ET Tower Semiconductor ( NASDAQ: TSEM ) is scheduled to announce Q1 earnings results on Monday, May 15th, before market open. The consensus EPS Estimate is $0.47 (-4.1% Y/Y) and the consensus Revenue Estimate is $352.25M (-16.3% Y/Y). Over the last ...

2023-05-02 16:15:46 ET Summary Intel Corporation's first quarter results were a bit stronger than feared. The Intel second quarter outlook suggests that real stabilization is seen in the business. This is very much welcomed as free cash flows are hugely negative. Stronger ...

2023-04-28 16:57:41 ET Intel CEO Pat Gelsinger said the semiconductor giant is making "progress" with Chinese regulators as far as its planned $5.4 billion acquisition of Tower Semiconductor ( NASDAQ: TSEM ) after recent meetings in China. "We raised Tower in every one of those ...

2023-04-27 18:05:47 ET Intel CEO Pat Gelsinger said recent meetings in China were positive in regards to the company's planned $5.4 billion purchase of Tower Semiconductor ( NASDAQ: TSEM ). "We left with a fairly positive perspective, but we still have work to do to get it done,...

2023-04-27 14:34:44 ET Summary The talks of the acquisition have hit another hurdle, which is worrying slightly. The most recent block of another major deal in the UK sheds some light that the company could face a similar fate. I wanted to take a look at the company itself, to...