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Tower Semiconductor Ltd. Is Making A Comeback
TSEMTower Semiconductor(TSEM) Seeking Alpha·2024-01-08 20:10

manassanant pamai Trotting Not Sprinting We join the small chorus of Seeking Alpha, Wall Street analysts, and the Seeking Alpha Quant Rating who see Israel-based Tower Semiconductor Ltd. (NASDAQ:TSEM) as a potential Buy opportunity for retail value investors. Patience and some risk tolerance are necessary. We expect the share price to hover around $29 each through the next several quarters. The chip industry is awash in an oversupply of inventories and the global economic GDP is in a deceleration mode for n ...