🟢 Tower Semiconductor is trading 4.66% up today on continued momentum from $3B Japan expansion plan

Tower Semiconductor is trading at $267.40 (4.66% up) as the stock extends its strong reaction to the July 14 Japan expansion announcement.

• The company will invest $3 billion in Japan, backed by $1 billion in government grants, to expand silicon photonics and SiGe capacity for AI and data center demand.
• Shares surged more than 18% in premarket trading following the news, while the broader semiconductor sector remains firm with the SOXX up 3.97%.