🟢 Tower Semiconductor is trading 5% up today as AI-server demand lifts chip stocks

Tower Semiconductor is trading now at $262.22, up 4.85%, after a broad semiconductor rally linked to strong AI-server demand forecasts.

• Super Micro Computer’s upbeat annual revenue outlook lifted chip sentiment, while the SOXX semiconductor ETF was reported up 3.1%.
• The move points to a sector-led rally rather than a new company-specific surprise.
• Tower announced investor conferences on August 12, but the event is unlikely to explain the sharp intraday gain.