- Tower Semiconductor Limited is ready for a rerating with favorable industry tailwinds and significantly improved fundamentals.
- Now that the market has woken up to the potential offered by third-party semiconductor manufacturing service providers, Tower should be next.
- The company needs to inspire confidence among investors that momentum, in terms of revenue growth and utilization rates, is sustainable.
- This might be enough for the stock to close the gap with Taiwan Semi and United Micro.
For further details see:
Tower Semiconductor, As Chip Manufacturing Gets Rerated