Tower Semiconductor is trading 5.8% up now at $242.56 following continued momentum from its $3 billion Japan expansion announcement.
- The investment targets silicon photonics, SiGe, and advanced packaging capacity to meet rising AI and data-center demand, backed by $1 billion in government grants.
- Shares are also benefiting from a broader semiconductor sector rebound, with the SOXX index rising 4.10% during the regular session.