Tower Semiconductor Stock Surges After Coherent Silicon Photonics Breakthrough - Tower Semiconductor (NASDAQ:TSEM)
Published on March 23, 2026.
Tower Semiconductor (NAS) and Coherent Silicon Photonics have achieved a breakthrough in demonstrating 400 Gbps per lane data transmission using a silicon modulator built in a production-ready silicon photonics process. The achievement is aimed at enabling next-generation 3.2 terabit optical transceivers and expanding the use of silicon in pluggable transcellers and co-packaged optics for datacenter connections. Coherent CEO Jim Anderson said the partnership is helping advance high-performance optical interconnects for AI-driven datacenters. The stock currently carries a Buy Rating with an average price target of $72.
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