{"id":1008278,"date":"2026-05-16T10:34:48","date_gmt":"2026-05-16T05:04:48","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1008278"},"modified":"2026-05-16T12:22:08","modified_gmt":"2026-05-16T06:52:08","slug":"tower-semi-forecasts-upbeat-quarterly-revenue-signs-1-3-billion-in-ai-chip-deals","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/16\/tower-semi-forecasts-upbeat-quarterly-revenue-signs-1-3-billion-in-ai-chip-deals\/","title":{"rendered":"Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals"},"content":{"rendered":"<p>Tower Semiconductor on Wednesday forecast second-quarter revenue above estimates and said it landed $1.3 billion in deals for 2027 to supply chips that use light to move data at high speeds through artificial intelligence data centers. <\/p>\n<p>Strong demand for its analog and mixed-signal processors \u200con the \u2060back \u2060of rising investment in data centers and AI helped boost the Israeli contract chipmaker&#8217;s quarterly forecast, sending its U.S.-listed shares over 17% before the bell.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tower Semiconductor on Wednesday forecast second-quarter revenue above estimates and said it landed $1.3 billion in deals for 2027 to supply chips that use light to move data at high speeds through artificial intelligence data centers. Strong demand for its analog and mixed-signal processors \u200con the \u2060back \u2060of rising investment in data centers and AI helped boost the Israeli contract chipmaker&#8217;s quarterly forecast, sending its U.S.-listed shares over 17% before the bell.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1008278","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1008278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1008278"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1008278\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1008278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1008278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1008278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}