Tower Semiconductor Signs AI Wafer Supply Deal with Nvidia

TSEMTSEM

Tower Semiconductor entered an agreement to supply Nvidia with semiconductor wafers for AI applications. The deal establishes Tower as a provider in the high-demand AI chip market, with potential to enhance its specialty foundry revenues.

1. Partnership Details

Tower Semiconductor announced a new agreement to produce specialized wafers for Nvidia's AI chips, leveraging its advanced foundry capabilities. The collaboration positions Tower within the rapidly expanding AI semiconductor market and could drive increased utilization of its fabrication facilities.

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