• Tower Semiconductor (TSEM) today announced a significant milestone, shipping over 5 million coherent photonic integrated circuits (PICs) with Marvell Technology for AI-driven data center networks.
  • This follows a multi-year Indium Phosphide (InP) epiwafer supply agreement with IQE, signed on June 17, 2026, aimed at securing AI photonics supply and resolving IP disputes.
  • The stock is trading 4.3% up at $278.57 in pre-market, also benefiting from broader market gains.