Tower Semiconductor has shipped over five million coherent photonic integrated circuits to Marvell Technology, supporting AI-driven data center networks with enhanced bandwidth and efficiency. This milestone reflects Tower's focus on advancing next-generation optical technologies critical for AI infrastructure. The company expects a fivefold increase in silicon photonics capacity by the end of 2026, backed by a new multi-year supply deal for Indium Phosphide epiwafers with IQE plc. Tower Semiconductor's stock shows strong growth momentum, trading near its 52-week high with positive analyst outlooks ahead of its August earnings update.
The FTSE 100 index fell slightly, dragged down by mining stocks reacting to China's slower GDP growth of 4.3% in Q2, its weakest in three years. Despite this, oil prices remained steady amid US-Iran tensions. PayPal shares jumped over 14% following r...
The Goldman Sachs Future Tech Leaders Equity ETF (GTEK) has delivered a 48.9% return year-to-date, nearly doubling the 25% return of the Vanguard Information Technology ETF (VGT). Unlike VGT, which heavily invests in mega-cap tech giants like Nvidia,...
