TSEM Stock Gets A Price Target Hike: Tower Semiconductor Positioned For AI’s Silicon Photonics Boom, Says Mizuho

Tower Semiconductor (TSEM) shares rose in early morning trade on Friday after a Mizuho initiated coverage of the stock with an ‘Outperform’ rating, citing growing demand for optical connectivity in AI data centers.TSEM stock rose as much as 3% in pre-market trade after a drop of around 5.7% in the…