Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Tower Semiconductor Stock Skyrocketed This Week

TheMotleyFool

0 0

Why Tower Semiconductor Stock Skyrocketed This Week: https://g.foolcdn.com/editorial/images/842783/gettyimages-1425565570.jpg

Tower Semiconductor (NASDAQ: TSEM) stock surged in this week's trading thanks to a better-than-expected quarterly report. The analog chip company's share price gained 18.1% over the stretch.

Despite bearish momentum for chip stocks and a 0.5% decline for the Nasdaq Composite over the last week, Tower Semiconductor stock managed to rally. With its recent pop, the company's share price is now up 93% across 2025's trading.

Image source: Getty Images.

Source Fool.com