Tower Semiconductor and Semtech have expanded their 20-year partnership with a multi-year agreement to secure dedicated silicon germanium (SiGe) manufacturing capacity across Tower's global fabs. This move supports Semtech's growing demand for power-efficient analog components used in AI data center optical and copper interconnects, crucial for scaling AI infrastructure. The partnership enhances supply resilience and geographic diversification, positioning both companies to lead in next-generation AI data center connectivity technologies from 800G to 3.2T speeds and beyond.
Tower Semiconductor (TSEM) holds a market capitalization of $24.59 billion on Pluang as of Oct 13, 2026 17:12 WIB, with a trading volume of 2,321,781 shares and a 1-day price increase of 3.66%. Semtech (SMTC) has a market cap of $15.69 billion and a higher volume of 6,006,738 shares but saw a slight 0.89% price decline on the same day. These figures highlight active investor interest in both companies amid their expanded partnership to enhance AI data center connectivity technologies.
