---
title: "Tower soars to record on AI infrastructure agreements"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280185077.md"
description: "The share price of Tower Semiconductor Ltd. surged 31.2% on Nasdaq last week, reaching a market cap of $18.4 billion. This increase has positioned the company as the third most valuable Israeli firm on Wall Street, surpassing Check Point Software Technologies Ltd."
datetime: "2026-03-23T15:03:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280185077.md)
  - [en](https://longbridge.com/en/news/280185077.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280185077.md)
---

# Tower soars to record on AI infrastructure agreements

The share price of Israeli chipmaker Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) rose 31.2% on Nasdaq last week, despite weakening slightly on Friday. The company now has a market cap of $18.4 billion, after leapfrogging Check Point Software Technologies Ltd. (Nasdaq: CHKP), and becoming the third most valuable Israeli company on Wall Street...

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