# Israeli contract chipmaker Tower Semiconductor beat Wall Street expectations for fourth-quarter profit.

*semiconductor · news · 2026-02-11 · The Economic Times*

## Key points

- Tower Semiconductor is investing an additional $270 million in silicon photonics chip equipment.
- Total spending on high-speed silicon photonics technology now reaches $920 million for Tower.
- The company plans to produce over five times more silicon photonics chips monthly by end of 2026.
- Customers have already committed to buying the projected increased chip output, according to the CEO.

**Companies:** Tower Semiconductor
**Countries:** Israel, United States, Japan, Italy

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/tech/technology/tower-semiconductor-beats-quarterly-profit-estimates-on-ai-driven-chip-demand/articleshow/128215962.cms)

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