🟢 Tower Semiconductor is trading 4.4% up today on silicon photonics expansion momentum

Tower Semiconductor is trading at $237.19 (4.4%) up in after-hours trading, rebounding from recent semiconductor-sector weakness.

• The move follows the company's announced $3 billion silicon photonics expansion in Japan, which is backed by a $1 billion government grant.
• Investor sentiment is bolstered by $1.3 billion in customer contracts for 2027, highlighting the company's growing exposure to the AI and data-center markets.