Wall St Engine(@wallstengine):$TSEM is planning a $3B Japan expansion to boost 300mm silicon photonics, silicon germanium, and advanced packaging capacity. Japan will provide $1B in grants to support the project. First phase: repurpose the Arai facility and expand Fab 7 output, with production readiness expected in Q4 2027. Tower also updated its 2028 model to target $3.6B revenue and $1.2B net profit.

Wall St Engine

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Wall St Engine@wallstengine

2026.07.14 10:14

$TSEM is planning a $3B Japan expansion to boost 300mm silicon photonics, silicon germanium, and advanced packaging capacity. Japan will provide $1B in grants to support the project. First phase: repurpose the Arai facility and expand Fab 7 output, with production readiness expected in Q4 2027. Tower also updated its 2028 model to target $3.6B revenue and $1.2B net profit.