semiconductor / news / / Reuters
U.S.-listed shares were up nearly 5% in premarket trading.
Tower is investing an additional $270 million in silicon photonics chip equipment, totaling $920 million.
KEY POINTS
- By end of 2026, Tower will produce over five times more silicon photonics chips monthly than in late 2025.
- Customers have already committed to purchase the increased chip output planned by Tower.
- Tower's adjusted Q4 profit was 78 cents per share, exceeding the expected 68 cents.
COMPANIES
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