🔴 TSEM is trading 4.5% down today on profit-taking after silicon photonics rally

TSEM is trading 4.5% down at $209.00 as traders lock in gains following a sharp silicon photonics-driven rally.

• The stock recently surged on expectations of $1.3 billion in 2027 silicon photonics revenue and strong quarterly results.
• Today’s price action reflects profit-taking after recent contract news rather than any new negative fundamental developments.