Tower Semiconductor forecasts upbeat quarterly revenue on steady demand for analog chips

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Tower Semiconductor forecasts upbeat quarterly revenue on steady demand for analog chips - Channel News Asia

Quick Summary:

Israeli contract chipmaker Tower Semiconductor forecast first-quarter 2025 revenue slightly above estimates on Monday, on expectations of resilient demand for its chips from the automobile sector.The U.S.-listed shares of the company were up 1 per cent in premarket trading.

Picture taken on February 28, 2022.

Tower makes analog and mixed-signal semiconductors used mainly in automobiles for "fabless" firms, which design chips but outsource their fabrication.