Tower Semiconductor's Q3 Adjusted Earnings, Revenue Rise; Provides Q4 Revenue Guidance

MT newswire2026/11/02 11:17

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

07:17 AM EST, 11/02/2026 (MT Newswires) -- Tower Semiconductor (TSEM) reported Q3 adjusted earnings Monday of $1.15 per diluted share, compared with $0.55 a year earlier. Analysts surveyed by FactSet expected $1.07. Revenue for the quarter ended Sept. 30 was $526.2 million, compared with $395.7 million a year earlier. Analysts surveyed by FactSet expected $521.8 million. The company said it expects Q4 revenue of $600 million, plus or minus 5%. Analysts surveyed by FactSet expect $579.7 million. Shares of Tower Semiconductor were up 5.7% pre-bell.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Jensen Huang has been the key driving force behind the massive expansion of AI infrastructure, with his personal credibility and authoritative decision-making deeply embedded in the narrative of the global tech market’s rise over the past three years. Now, as scandals emerge, Nvidia’s trading team is expected to become more conservative and slow down external financing commitments, which undoubtedly worsens the situation for neoclouds already facing tight funding.

华尔街见闻•2026/11/09 09:21