Tower Semiconductor posts record Q2 revenue; guides higher Q3
Tower Semiconductor reported record Q2 revenue of $460M and $0.88 adjusted EPS, scaling SiPho to a $680M run rate. It expanded 300mm/SiGe/packaging capacity in Japan with government support, started high-volume laser-integrated PIC shipments, and guided Q3 revenue to $520M.
88. The company said it is scaling SiPho to a $680M run rate, while expanding 300mm, SiGe and packaging capacity in Japan with government support. Tower also said it has started high-volume laser-integrated PIC shipments and is guiding Q3 revenue to $520M.