Tower Semiconductor and Marvell Pass Five Million Coherent Photonic ICs for AI Data Centers
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Tower ( (TSEM) ) has shared an announcement.
On June 18, 2026, Tower Semiconductor announced that it has shipped more than five million coherent photonic integrated circuits in partnership with Marvell Technology, marking a significant volume milestone in advanced optical components for AI-driven data center interconnect networks. The achievement underscores Tower’s role as a key manufacturing partner for high-performance silicon photonics, reinforcing its positioning in the rapidly growing market for energy-efficient, high-bandwidth data center connectivity.
Coherent PICs are technically demanding devices that must control phase and polarization of light, and Tower has worked with Marvell to enhance process capabilities such as integrating non-silicon materials, enabling 3D electronics integration, and supporting advanced optical packaging like V-Grooves. This collaboration strengthens both companies’ ecosystems in coherent optics and signals continued investment in next-generation photonics technologies that support large-scale AI workloads, with implications for improved performance and efficiency in data center architectures.
The most recent analyst rating on (TSEM) stock is a Buy
with a $325.00 price target.
To see the full list of analyst forecasts on Tower stock,
see the TSEM Stock Forecast page.
Spark’s Take on TSEM Stock
According to Spark, TipRanks’ AI Analyst, TSEM is a Outperform.
The score is driven primarily by solid underlying financial performance (especially balance sheet strength) and a very positive earnings-call outlook with improving growth/margins and strong forward visibility. These positives are partly offset by a stretched technical setup (overbought signals) and a premium valuation (high P/E with no dividend yield provided).
To see Spark’s full report on TSEM stock,
click here.
More about Tower
Tower Semiconductor Ltd. is a leading foundry of high-value analog semiconductor solutions, supplying technology platforms and development services for markets including consumer, industrial, automotive, mobile, infrastructure, medical, and aerospace and defense. The company offers customizable process platforms such as silicon photonics, SiGe, BiCMOS, RF CMOS, CMOS image sensors, power management, and MEMS, supported by design enablement and multi-fab sourcing across facilities in Israel, the U.S., Japan, and a shared 300mm fab in Italy.
Average Trading Volume: 2,800,287
Technical Sentiment Signal: Buy
Current Market Cap: $30.01B
For a thorough assessment of TSEM stock, go to TipRanks’ Stock Analysis page.
