ChipsYahoo Finance4 days ago
Why Tower Semiconductor Soared in May
1 min read
Tower Semiconductor shares rallied 15.5% in May after strong Q1 earnings and disclosure of $1.3 billion in silicon photonics contracts for 2027 with customer prepayments. Susquehanna analyst Mehdi Hosseini nearly doubled the price target on Tower shares from $180 to $330.
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