Tower Semi Secures $1.3 Billion AI Chip Deals | dailyai.report
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Hardware
107d ago
Tower Semi Secures $1.3 Billion AI Chip Deals
Tower Semiconductor signed $1.3 billion in contracts for 2027 to produce chips for AI data centers. These deals follow a forecast that second-quarter revenue will exceed previous expectations. The surge reflects high demand for specialized silicon.
The Signal
This provides Tower Semi a critical foothold in the AI hardware supply chain as data center scaling accelerates.