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Tower Semiconductor

20 stories about Tower Semiconductor

מימין: מנכ"ל אינטל פט גלסינגר ומנכ"ל טאואר ראסל אלוואנגר

Tower and Intel sign $300 million foundry deal three weeks after cancellation of $5.4 billion merger

05.09.23|Reuters and CTech

The Israeli chipmaker will acquire and own equipment and other fixed assets to be installed at Intel’s New Mexico factory after receiving $375 million in compensation following the cancellation of the acquisition

מפעל טאואר שבבים מגדל העמק אינטל

Tower Semiconductor: Shifting from Intel to India?

21.08.23|Sophie Shulman

With Intel deal off, Tower Semiconductor could find new ground in India's thriving chip market

מימין מנכ"ל אינטל העולמית פט גלסינגר ומנכ"ל טאואר ראסל אלוונגר

Tower Semiconductor caught in tug-of-war between U.S. and China over chip supremacy

16.08.23|Omer Kabir

Intel’s $5.4 billion acquisition of the Israeli company faltered as geopolitical tensions reshape the chip landscape

Intel abandoning $5.4 billion acquisition of Tower Semiconductor

16.08.23|Reuters and CTech

Intel, which signed the deal to buy Tower in February 2022, did not secure approval from Chinese regulators for the acquisition of the Israeli company on time as required under the contract. Tower to receive $353 million break-up fee

מימין מנכ"ל אינטל פט גלסינגר ומייסד מובילאיי אמנון שעשוע

Intel is in trouble, but the path to recovery goes through Israel

31.07.22|Sophie Shulman

For the first time in 30 years, Intel turned a loss. A combination of a cut in the investment budget with the adoption of the microchip law in the US, puts Israel at a disadvantage. But the company's recovery from the crisis may go through the application of smart capital, which characterizes its investments here

מגזין עצמאות 4.5.22 ראסל אלוואנגר מנכ"ל טאואר סמיקונדוקטור

Principles towards success

05.05.22|Russell Ellwanger

"John F. Kennedy stated: “I am an idealist without illusions." Such is the Tower DNA. If one relentlessly pursues high ideals, treats friendships as the treasure most dear with the understanding that friendship and loyalty are synonymous, such a person has a deep fountain of power," writes Russell Ellwanger, CEO of Tower Semiconductor

פט גלסינגר מנכ"ל אינטל העולמית

Intel Inside: CEO shares his plans to restoring the chip giant’s supremacy

01.03.22|Sophie Shulman

A year after taking over the helm, Intel CEO Pat Gelsinger sees Israel as a key piece of the puzzle

משרדי אינטל מפעל טאואר חדש

After decades of uncertainty, Tower is reaping the benefits of the chaos in the chip market

15.02.22|Sophie Shulman

The Israeli chip company is being sold to Intel for $5.4 billion; The deal comes after years of uncertainty over Tower's viability, but today the company is able to meet Intel's need to split its production capabilities and reduce activity in the East

מנכ"ל טאואר ראסל אלוונגר

Intel acquiring Israel's Tower Semiconductor for $5.4 billion

15.02.22|Reuters and CTech

Tower specializes in analog chips used in the automotive, mobile, medical and aerospace industries. It had a market capitalization of $3.6 billion as of Monday's close

מפעל טאואר סמי קונדוקטר ב מגדל העמק

Tower announces 'all systems go' following a disruptive ransom cyberattack

10.09.20|Meir Orbach

Due to the manufacturing disruption, the company expects some level of impact on its third-quarter results

מפעל טאואר סמי קונדוקטר ב מגדל העמק

RYUK virus running riot as it strikes down another victim in Tower

08.09.20|Meir Orbach

It is believed that Tower wasn't the only Israeli company that came under attack by the virus over the past weekend

Tower to pay hundreds of thousands of dollars to hackers who paralyzed its manufacturing

07.09.20|Meir Orbach

The Israeli semiconductor company’s insurance firm will cover the costs for the ransomware attack

Tower proves there is no shame in being the victim of a cyberattack

06.09.20|Meir Orbach

The companies that should really be ashamed are the ones that think that they can hide the breach, not understanding that it will be revealed in retrospect or while it's ongoing

מנכ"ל טאואר ראסל אלוונגר

Israeli chipmaker Tower confirms cyberattack forced it to shut down systems

06.09.20|Meir Orbach

Tower notified the relevant authorities, including law enforcement, of the incident and reported it to the Tel Aviv Stock Exchange on Sunday, but didn't say whether it was the victim of a ransomware attack

Tower Semiconductor Announces Medical Chip Development With Chinese Biotech Company Axbio

06.03.19|Hezi Sternlicht

Tower stated the device, which is intended for blood test analyses, is planned to go into production in mid-2019

מנכ"ל טאואר ראסל אלוונגר

Earnings Report Boosts Tower Semiconductor on Nasdaq Despite Cut to Profits

20.02.19|Hezi Sternlicht

Tower lost around 50% of its stock valuation over the past 12 months

מנכ"ל טאואר ראסל אלוונגר

Tower Semiconductor's Stock Down 21% Following Underwhelming Third Quarter Results

Tower reported revenues of $323 million for the quarter ending Sept. 30, down 9% compared with the same period last year, and 3.5% short of prior estimates

מגזין מנהלים 25.12.17 50 המנהלים הטובים ראסל אלוואנגר מנכל טאואר סמיקונדקטור

Weakness in the Mobile Sector Drags Down Tower Semiconductor’s Quarterly Profits

26.07.18|Hezi Sternlicht

On Thursday, the company reported net profits of $38 million, up 45% from the first quarter of the year but down 24% compared to the second quarter of 2017

ראסל אלוונגר מנכ"ל טאואר

Tower Semiconductor Reveals Optimistic Forecast Despite Underwhelming First Quarter

23.03.18|Uri Tal-Tenne

After years of piling up losses and debt, in recent years Tower began reporting impressive profitability

ראסל אלוונגר מנכ"ל טאואר

Chip Company's New Heights Leave Investors Lukewarm

07.11.17|Eli Shimony

Despite reporting peak revenues, a cautious fourth quarter outlook sent Tower Semiconductor’s stock down by 4%