Tower Semiconductor Adapts To Nvidia's Architectural Shift, Analyst Sees Growth In AI Optical Networks
1. Tower Semiconductor's revenue grew 10%, beating analyst expectations. 2. AI Data Center strength saw a 126% year-over-year growth in RF Infrastructure. 3. Mobile business expected to decline significantly through fiscal 2025 amid market weaknesses. 4. Silicon Photonics is projected to be Tower's largest growth driver going forward. 5. Nvidia's GPU architectural shift may impact orders for Active Copper Cable products.