Tower Semiconductor (TSEM) Gets 6.4% Boost from Nvidia Deal

We recently published 10 Stocks Withstanding Market Turbulence. Tower Semiconductor Ltd. (NASDAQ:TSEM) was one of the best performers on Thursday.

Tower Semiconductor grew its share prices by 6.43 percent on Thursday to close at $129.08 apiece as investors took heart from its partnership with Nvidia Corp. for the development of AI infrastructure with 1.6T data center optical modules.

In a statement, Tower Semiconductor Ltd. (NASDAQ:TSEM) said that the optical modules are designed for Nvidia’s networking protocols and support the needs of artificial intelligence data centers.

“Tower Semiconductor is proud to deliver advanced, high-speed technologies that support demanding data center and AI requirements. We continue to invest significantly across our SiGe and silicon photonics platforms to support the ecosystem with industry-leading performance, scalability, and manufacturability, enabling customers to advance next-generation data center architectures,” Tower Semiconductor Ltd. (NASDAQ:TSEM) CEO Russell Ellwanger said.

For his part, Gilad Shainer, Nvidia’s senior vice president for networking, said that the collaboration would help advance the AI ecosystem, enabling more efficient infrastructure through next-generation silicon photonics and accelerating applications at scale.

Meanwhile, Tower Semiconductor Ltd. (NASDAQ:TSEM) is set to announce the results of its earnings performance for the fourth quarter of 2025 on Wednesday, February 11.

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Disclosure: None. This article is originally published at Insider Monkey.