Boston Partners reduced its position in Tower Semiconductor Ltd. (NASDAQ:TSEM – Free Report) by 44.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 328,679 shares of the semiconductor company’s stock after selling 258,047 shares during the quarter. Boston Partners owned about 0.30% of Tower Semiconductor worth $14,251,000 at the end of the most recent quarter. Get Tower Semiconductor alerts: A number of other large investors have ...

Core Insights - Tower Semiconductor is guiding for a record revenue of $440 million in the fourth quarter of 2025, indicating strong growth across its core technologies [4][5] - The company reported third-quarter 2025 revenue of $396 million, reflecting a 6% increase quarter-over-quarter, with net profit rising to $54 million [2][5] - An additional investment of $300 million is being allocated for SiPho and SiGe capacity growth and next-generation capabilities [6][5] Financial Performance - Third-quarter 2025 gross profit was $93 million, up from $80 million in the second quarter of 2025 [2] - The net profit for the third quarter of 2025 was $54 million, translating to $0.48 basic and $0.47 diluted earnings per share, compared to $47 million and $0.42 basic earnings per share in the previous quarter [2][5] - Cash flow from operating activities for the third quarter was $139 million, an increase from $123 million in the second quarter [3] Business Outlook - The company expects a revenue increase of 14% year-over-year and 11% quarter-over-quarter for the fourth quarter of 2025 [4] - CEO Russell Ellwanger emphasized the strong position of the company in core technologies such as Power Management and Image Sensors, which are showing year-over-year revenue growth [5] - The company is investing in expanding its Newport Beach Fab 3 and repurposing three additional fabs to enhance SiPho and SiGe capabilities [5][6] Investment and Growth Strategy - The $300 million investment will support the growth of SiPho and SiGe businesses, including Fab3 capacity expansion [6] - The Newport Beach site lease has been extended for an additional 3.5 years, averaging $24 million per year over the next five years [6] - Tower Semiconductor's strategic focus on optical transceivers and data center demand positions it for significant future growth [5]

Core Insights - Tower Semiconductor reported strong financial results for the second quarter of 2025, with both quarter-over-quarter and year-over-year revenue growth [6] - The company anticipates continued revenue growth, projecting third-quarter revenues of $395 million, representing a 7% increase year-over-year and a 6% increase quarter-over-quarter [5][6] Financial Performance - Revenues for the second quarter of 2025 were $372 million, reflecting a 6% year-over-year growth and a 4% quarter-over-quarter growth [2] - Gross profit for the second quarter of 2025 was $80 million, an increase from $73 million in the first quarter of 2025 [2] - Net profit for the second quarter of 2025 was $47 million, with basic earnings per share of $0.42 and diluted earnings per share of $0.41, compared to $40 million and $0.36/$0.35 in the first quarter of 2025 [3] Cash Flow and Investments - Cash flow generated from operating activities in the second quarter of 2025 was $123 million, up from $94 million in the first quarter of 2025 [4] - Investments in property and equipment, net, were $111 million in both the second and first quarters of 2025 [4] Business Outlook - The company is focused on strategic initiatives, including repurposing factories for higher capacity in RF infrastructure, which is expected to contribute to growth in upcoming quarters [6] - Tower Semiconductor's CEO highlighted the momentum in the RF infrastructure business, driven by expansions in data centers and AI, and expressed confidence in the company's ability to maintain a positive growth trajectory [6] Market Position - Tower Semiconductor holds a number one market share position in its RF infrastructure business, indicating strong competitive positioning in the market [6] - The company aims to create long-term partnerships and drive innovation through its advanced analog technology offerings [11]

Company Overview - Tower Semiconductor is a leading foundry specializing in high-value analog semiconductor solutions, providing technology and process platforms for various growing markets including consumer, industrial, automotive, mobile, infrastructure, medical, and aerospace and defense [2]. Upcoming Events - Tower Semiconductor will participate in the 22nd Annual Craig-Hallum Institutional Investor Conference in Minneapolis on May 28, 2025, and the 53rd Annual TD Cowen Technology, Media & Telecom Conference in New York on May 29, 2025, offering one-on-one meetings for investors [1]. Technology and Services - The company focuses on creating a sustainable impact through long-term partnerships and offers a wide range of customizable process platforms such as SiPho, SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensors, non-imaging sensors, displays, integrated power management, photonics, and MEMS [2]. - Tower Semiconductor provides design enablement for quick and accurate design cycles, as well as process transfer services including development, transfer, and optimization for Integrated Device Manufacturers (IDMs) and fabless companies [2]. Manufacturing Facilities - Tower Semiconductor operates one 200mm facility in Israel, two 200mm facilities in the U.S., and two facilities in Japan (200mm and 300mm), along with a shared 300mm facility in Agrate, Italy with STMicroelectronics, and access to a 300mm capacity corridor in Intel's New Mexico factory [2].