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This $173 Million Bet Just Made Tower Semiconductor 26% of a Portfolio Amid a Staggering One-Year Stock Surge
Yahoo Finance· 2026-02-12 23:20
Company Overview - Tower Semiconductor is an independent foundry specializing in analog-intensive mixed-signal semiconductor manufacturing and design services, serving a wide range of global industries [6][7] - The company operates with a market capitalization of $15.02 billion and reported revenue of $1.51 billion with a net income of $195.48 million for the trailing twelve months (TTM) [4] Recent Developments - On February 11, Turiya Advisors Asia Ltd disclosed a new position in Tower Semiconductor, acquiring 1,472,045 shares valued at approximately $172.85 million [2][3] - This new position represents 26.47% of Turiya Advisors Asia Ltd's reported 13F assets under management [3] Stock Performance - As of February 11, shares of Tower Semiconductor were priced at $134.44, reflecting a significant increase of 193.7% over the past year, outperforming the S&P 500's gain of roughly 14% during the same period [3]