Tower Semi says H1 2026 revenue rises 19.6% on higher SiPho-driven product mix, shipments

Reuters2026/08/17 10:09

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Six months ended June 30, 2026 revenue rose 19.6% to USD 873.7 million, driven by higher average selling prices from product mix shift.
More silicon photonics-related shipments cited, alongside higher unit volumes from fabs excluding the 6-inch Fab1 closed in 2025.
Gross profit increased to USD 248.7 million from USD 153.2 million as cost of revenue rose USD 48 million on higher output.
Operating profit climbed to USD 154.9 million from USD 72.8 million, despite higher RD and SGA spending.
Net profit attributable to the company rose to USD 155.8 million from USD 86.7 million; non-controlling interest income increased on TPSCo profitability.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tower Semiconductor Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001178913-26-004158), on August 17, 2026, and is solely responsible for the information contained therein.

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.

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Tower Semi says H1 2026 revenue rises 19.6% on higher SiPho-driven product mix, shipments

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